54, MIDWAY, ST ALBANS, AL3 4BQ - £1,000,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

54 MIDWAY is a very large detached house of 246m², built sometime between 2003 and 2006. It was last sold for £1,000,000 in August 2013, which was around 43% above the average August 2013 detached price in the St Albans local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was C.

54 MIDWAY Sold Prices

Land registry data shows five sales for 54 MIDWAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the St Albans local authority area for the corresponding sale date. Most of the five 54 MIDWAY sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2013 2 AUG	£1,000,000	£699,497	43% above HPI
2005 26 AUG	£670,000	£498,276	34% above HPI
2003 4 AUG	£650,000	£465,917	40% above HPI
2002 2 AUG	£300,000	£433,023	31% below HPI
1997 8 APR	£135,000	£200,075	33% below HPI

54 MIDWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the St Albans local authority area over time, sourced from the HPI. The five 54 MIDWAY sales between April 1997 and August 2013 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2005 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the August 2013 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is 54 MIDWAY?

54 MIDWAY is 246m² according to the EPC inspection conducted in April 2013. This puts it in the largest 10% of detached houses in St Albans, based on EPC data. The below chart shows the distribution of detached houses by size in St Albans, and where 54 MIDWAY lies on this distribution: 91% of detached houses are smaller than 54 MIDWAY, and 9% of houses are larger. Note that EPC data is not available for all properties in St Albans.

54 MIDWAY: Plot and Title Map

54 MIDWAY sits on a plot of roughly 0.194 of an acre, or 785m². The below map shows the location of 54 MIDWAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 54 MIDWAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 54 MIDWAY?

54 MIDWAY is located in ST. ALBANS, in the AL3 postcode district. The below map shows the position of No. 54 on MIDWAY.