1, PETWORTH CLOSE, STEVENAGE, SG2 8UP - £489,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 PETWORTH CLOSE is a small extended detached house of 97m², built sometime between 1976 and 1982, which could now be worth an estimated £568,294. It was last sold for £489,950 in September 2019, which was around 12% below the average September 2019 detached price in the Stevenage local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

1 PETWORTH CLOSE Sold Prices

Land registry data shows three sales for 1 PETWORTH CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Stevenage local authority area for the corresponding sale date. All of the three 1 PETWORTH CLOSE 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
2019 9 SEP	£489,950	£554,630	12% below HPI
2015 14 JUL	£398,000	£439,360	9% below HPI
2013 21 AUG	£320,000	£353,771	10% below HPI

1 PETWORTH CLOSE 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 three 1 PETWORTH CLOSE sales between August 2013 and September 2019 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 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2019 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 1 PETWORTH CLOSE be worth now?

1 PETWORTH CLOSE might now be worth an estimated £568,294.

This is based on house price inflation of 16%, between September 2019 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 16% inflationary increase is applied to the most recent sale price for 1 PETWORTH CLOSE of £489,950 on 9th September 2019. For the value to have increased from £489,950 to £568,294 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 PETWORTH CLOSE has moved in line with the HPI for detached houses in the Stevenage local authority area.
• The September 2019 sale price of £489,950 represented a fair market value for the property.
• The size, condition, and specification of 1 PETWORTH CLOSE has not materially changed since September 2019.

How Large is 1 PETWORTH CLOSE?

1 PETWORTH CLOSE is 97m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 30% 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 PETWORTH CLOSE lies on this distribution: 22% of detached houses houses are smaller than 1 PETWORTH CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

1 PETWORTH CLOSE: Plot and Title Map

1 PETWORTH CLOSE sits on a plot of roughly 0.107 of an acre, or 435m². The below map shows the location of 1 PETWORTH CLOSE, 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 PETWORTH CLOSE). 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 PETWORTH CLOSE?

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