4, MONKS HORTON WAY, ST ALBANS, AL1 4HA - £915,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 MONKS HORTON WAY is a midsized extended detached house of 138m², built sometime between 1967 and 1975, which could now be worth an estimated £1,108,658. It was last sold for £915,000 in December 2016, which was around 10% below the average December 2016 detached price in the St Albans local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

4 MONKS HORTON WAY Sold Prices

Land registry data shows two sales for 4 MONKS HORTON 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 4 MONKS HORTON 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
2016 16 DEC	£915,000	£1,021,460	10% below HPI
2015 3 JUL	£642,000	£893,944	28% below HPI

4 MONKS HORTON 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 4 MONKS HORTON WAY sales from July 2015 and December 2016 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 July 2015 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2016 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 4 MONKS HORTON WAY be worth now?

4 MONKS HORTON WAY might now be worth an estimated £1,108,658.

This is based on house price inflation of 21.2%, between December 2016 and February 2025, for detached houses, in the St Albans local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.2% inflationary increase is applied to the most recent sale price for 4 MONKS HORTON WAY of £915,000 on 16th December 2016. For the value to have increased from £915,000 to £1,108,658 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of 4 MONKS HORTON WAY has moved in line with the HPI for detached houses in the St Albans local authority area.
• The December 2016 sale price of £915,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MONKS HORTON WAY has not materially changed since December 2016.

How Large is 4 MONKS HORTON WAY?

4 MONKS HORTON WAY is 138m², which includes two extensions, according to the EPC inspection conducted in April 2015. This puts it in the smallest 50% of detached houses houses in St Albans, based on EPC data. The below chart shows the distribution of detached houses houses by size in St Albans, and where 4 MONKS HORTON WAY lies on this distribution: 49% of detached houses houses are smaller than 4 MONKS HORTON WAY, and 50% of houses are larger. Note that EPC data is not available for all properties in St Albans.

4 MONKS HORTON WAY: Plot and Title Map

4 MONKS HORTON WAY sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 4 MONKS HORTON 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 4 MONKS HORTON 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 4 MONKS HORTON WAY?

4 MONKS HORTON WAY is located in ST ALBANS, in the AL1 postcode district. The below map shows the position of No. 4 on MONKS HORTON WAY.