1, RICCAT LANE, STEVENAGE, SG1 3XY - £592,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 RICCAT LANE is a midsized extended detached house of 126m², built sometime between 1996 and 2002. It was last sold for £592,500 in May 2022, which was around 7% below the average May 2022 detached price in the Stevenage local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was C.

1 RICCAT LANE Sold Prices

Land registry data shows two sales for 1 RICCAT LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Stevenage local authority area for the corresponding sale date. One of the two 1 RICCAT LANE sales was for below the average price, whilst the other was roughly equal to 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 16 MAY	£592,500	£637,402	7% below HPI
2000 7 NOV	£189,950	£190,826	Close to HPI

1 RICCAT LANE 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 two 1 RICCAT LANE sales from November 2000 and May 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 November 2000 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2022 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 1 RICCAT LANE?

1 RICCAT LANE is 126m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the largest 40% of detached houses in Stevenage, based on EPC data. The below chart shows the distribution of detached houses by size in Stevenage, and where 1 RICCAT LANE lies on this distribution: 59% of detached houses are smaller than 1 RICCAT LANE, and 40% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

1 RICCAT LANE: Plot and Title Map

1 RICCAT LANE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 1 RICCAT LANE, 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 RICCAT LANE). 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 RICCAT LANE?

1 RICCAT LANE is located in STEVENAGE, in the SG1 postcode district. The below map shows the position of No. 1 on RICCAT LANE.