8A, MIDWAY, ST ALBANS, AL3 4BG - £750,000

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.

8A MIDWAY is a small detached house of 108m², built sometime between 1950 and 1966, which could now be worth an estimated £828,018. It was last sold for £750,000 in September 2020, which was around 31% below the average September 2020 detached price in the St Albans local authority area. The most recent EPC inspection was January 2019, where the current energy rating was E, and the potential energy rating was C.

8A MIDWAY Sold Prices

Land registry data shows two sales for 8A MIDWAY 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 8A MIDWAY 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
2020 16 SEP	£750,000	£1,079,940	31% below HPI
1997 2 JUL	£175,000	£229,934	24% below HPI

8A 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 two 8A MIDWAY sales from July 1997 and September 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 July 1997 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2020 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 8A MIDWAY be worth now?

8A MIDWAY might now be worth an estimated £828,018.

This is based on house price inflation of 10.4%, between September 2020 and June 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 10.4% inflationary increase is applied to the most recent sale price for 8A MIDWAY of £750,000 on 16th September 2020. For the value to have increased from £750,000 to £828,018 over the five years and three months to June 2025, the following assumptions must hold true:

• The value of 8A MIDWAY has moved in line with the HPI for detached houses in the St Albans local authority area.
• The September 2020 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of 8A MIDWAY has not materially changed since September 2020.

How Large is 8A MIDWAY?

8A MIDWAY is 108m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 30% 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 8A MIDWAY lies on this distribution: 23% of detached houses houses are smaller than 8A MIDWAY, and 77% of houses are larger. Note that EPC data is not available for all properties in St Albans.

8A MIDWAY: Plot and Title Map

8A MIDWAY sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 8A 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 8A 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 8A MIDWAY?

8A MIDWAY is located in ST. ALBANS, in the AL3 postcode district. The below map shows the position of No. 8A on MIDWAY.