37, MORRIS WAY, LONDON COLNEY, ST ALBANS, AL2 1JJ - £312,500

37 MORRIS WAY is a small extended detached house of 104m², built sometime between 1967 and 1975. It was last sold for £312,500 in May 2013, which was around 54% below the average May 2013 detached price in the St Albans local authority area. The most recent EPC inspection was October 2009, where the current energy rating was C, and the potential energy rating was C.

37 MORRIS WAY Sold Prices

Land registry data shows two sales for 37 MORRIS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the St Albans local authority area for the corresponding sale date. Both of the two 37 MORRIS WAY sales were for below 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 24 MAY	£312,500	£682,741	54% below HPI
2002 6 SEP	£180,000	£435,631	59% below HPI

37 MORRIS WAY 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 two 37 MORRIS WAY sales from September 2002 and May 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 September 2002 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the May 2013 sale, where it rises to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is 37 MORRIS WAY?

37 MORRIS WAY is 104m², which includes one extension, according to the EPC inspection conducted in October 2009. This puts it in the smallest 30% of detached houses in London Colney, based on EPC data. The below chart shows the distribution of detached houses by size in London Colney, and where 37 MORRIS WAY lies on this distribution: 22% of detached houses are smaller than 37 MORRIS WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in London Colney.

37 MORRIS WAY: Plot and Title Map

37 MORRIS WAY sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 37 MORRIS WAY, 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 37 MORRIS WAY). 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 37 MORRIS WAY?

37 MORRIS WAY is located in LONDON COLNEY, in the AL2 postcode district. The below map shows the position of No. 37 on MORRIS WAY.