5, HOUSEFIELD WAY, ST ALBANS, AL4 0GP - £462,500

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.

5 HOUSEFIELD WAY is a very small terraced house of 61m², built sometime between 1996 and 2002, which could now be worth an estimated £533,628. It was last sold for £462,500 in August 2020, which was around 3% below the average August 2020 terraced price in the St Albans local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

5 HOUSEFIELD WAY Sold Prices

Land registry data shows four sales for 5 HOUSEFIELD WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the St Albans local authority area for the corresponding sale date. two of the four 5 HOUSEFIELD WAY sales were for below the average price, and four 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
2020 18 AUG	£462,500	£478,248	3% below HPI
2015 8 OCT	£395,000	£436,341	9% below HPI
2005 28 JUL	£249,950	£240,807	4% above HPI
1999 31 MAR	£127,995	£114,072	12% above HPI

5 HOUSEFIELD WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the St Albans local authority area over time, sourced from the HPI. The four 5 HOUSEFIELD WAY sales between March 1999 and August 2020 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 October 2015 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2020 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 5 HOUSEFIELD WAY be worth now?

5 HOUSEFIELD WAY might now be worth an estimated £533,628.

This is based on house price inflation of 15.4%, between August 2020 and June 2025, for terraced 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 15.4% inflationary increase is applied to the most recent sale price for 5 HOUSEFIELD WAY of £462,500 on 18th August 2020. For the value to have increased from £462,500 to £533,628 over the five years and two months to June 2025, the following assumptions must hold true:

• The value of 5 HOUSEFIELD WAY has moved in line with the HPI for terraced houses in the St Albans local authority area.
• The August 2020 sale price of £462,500 represented a fair market value for the property.
• The size, condition, and specification of 5 HOUSEFIELD WAY has not materially changed since August 2020.

How Large is 5 HOUSEFIELD WAY?

5 HOUSEFIELD WAY is 61m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% of terraced houses houses in St Albans, based on EPC data. The below chart shows the distribution of terraced houses houses by size in St Albans, and where 5 HOUSEFIELD WAY lies on this distribution: Less than 1% of terraced houses houses are smaller than 5 HOUSEFIELD WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in St Albans.

5 HOUSEFIELD WAY: Plot and Title Map

5 HOUSEFIELD WAY sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 5 HOUSEFIELD 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 5 HOUSEFIELD 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 5 HOUSEFIELD WAY?

5 HOUSEFIELD WAY is located in ST. ALBANS, in the AL4 postcode district. The below map shows the position of No. 5 on HOUSEFIELD WAY.