1, GRENVILLE WAY, STEVENAGE, SG2 8XZ - £665,000

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.

1 GRENVILLE WAY is a large extended detached house of 134m², built sometime between 1996 and 2002, which could now be worth an estimated £631,767. It was last sold for £665,000 in October 2022, which was around 2% below the average October 2022 detached price in the Stevenage local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

1 GRENVILLE WAY Sold Prices

Land registry data shows four sales for 1 GRENVILLE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Stevenage local authority area for the corresponding sale date. two of the four 1 GRENVILLE 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
2022 12 OCT	£665,000	£677,156	2% below HPI
2018 21 AUG	£555,000	£561,804	1% below HPI
2001 12 APR	£250,000	£190,795	31% above HPI
1997 14 MAR	£160,000	£110,011	45% above HPI

1 GRENVILLE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stevenage local authority area over time, sourced from the HPI. The four 1 GRENVILLE WAY sales between March 1997 and October 2022 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 August 2018 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the October 2022 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 1 GRENVILLE WAY be worth now?

1 GRENVILLE WAY might now be worth an estimated £631,767.

This is based on house price deflation of 5%, between October 2022 and February 2025, for detached houses, in the Stevenage local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5% deflationary decrease is applied to the most recent sale price for 1 GRENVILLE WAY of £665,000 on 12th October 2022. For the value to have decreased from £665,000 to £631,767 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 1 GRENVILLE WAY has moved in line with the HPI for detached houses in the Stevenage local authority area.
• The October 2022 sale price of £665,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GRENVILLE WAY has not materially changed since October 2022.

How Large is 1 GRENVILLE WAY?

1 GRENVILLE WAY is 134m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 40% of detached houses houses in Stevenage, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stevenage, and where 1 GRENVILLE WAY lies on this distribution: 68% of detached houses houses are smaller than 1 GRENVILLE WAY, and 31% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

1 GRENVILLE WAY: Plot and Title Map

1 GRENVILLE WAY sits on a plot of roughly 0.135 of an acre, or 548m². The below map shows the location of 1 GRENVILLE 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 1 GRENVILLE 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 1 GRENVILLE WAY?

1 GRENVILLE WAY is located in STEVENAGE, in the SG2 postcode district. The below map shows the position of No. 1 on GRENVILLE WAY.