5, MONKS HORTON WAY, ST ALBANS, AL1 4HA - £735,000

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.

5 MONKS HORTON WAY is a very small terraced house of 102m², built sometime between 1967 and 1975, which could now be worth an estimated £858,129. It was last sold for £735,000 in June 2020, which was around 56% above the average June 2020 terraced price in the St Albans local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

5 MONKS HORTON WAY Sold Prices

Land registry data shows two sales for 5 MONKS HORTON WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the St Albans local authority area for the corresponding sale date. Both of the two 5 MONKS HORTON WAY 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
2020 24 JUN	£735,000	£472,623	56% above HPI
1999 30 JUN	£247,500	£119,914	106% above HPI

5 MONKS HORTON 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 two 5 MONKS HORTON WAY sales from June 1999 and June 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 June 1999 sale was for 106% above the HPI. So the extrapolation line tracks at 106% above the HPI over time, until the June 2020 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might 5 MONKS HORTON WAY be worth now?

5 MONKS HORTON WAY might now be worth an estimated £858,129.

This is based on house price inflation of 16.8%, between June 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 16.8% inflationary increase is applied to the most recent sale price for 5 MONKS HORTON WAY of £735,000 on 24th June 2020. For the value to have increased from £735,000 to £858,129 over the five years to June 2025, the following assumptions must hold true:

• The value of 5 MONKS HORTON WAY has moved in line with the HPI for terraced houses in the St Albans local authority area.
• The June 2020 sale price of £735,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MONKS HORTON WAY has not materially changed since June 2020.

How Large is 5 MONKS HORTON WAY?

5 MONKS HORTON WAY is 102m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 20% 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 MONKS HORTON WAY lies on this distribution: 17% of terraced houses houses are smaller than 5 MONKS HORTON WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in St Albans.

5 MONKS HORTON WAY: Plot and Title Map

5 MONKS HORTON WAY sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 5 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 5 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 5 MONKS HORTON WAY?

5 MONKS HORTON WAY is located in ST. ALBANS, in the AL1 postcode district. The below map shows the position of No. 5 on MONKS HORTON WAY.