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

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 RICCAT LANE is a midsized extended detached house of 126m², built sometime between 1996 and 2002, which could now be worth an estimated £585,234. It was last sold for £592,500 in May 2022, which was around 9% 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. Both of the two 1 RICCAT LANE 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
2022 16 MAY	£592,500	£651,303	9% below HPI
2000 7 NOV	£189,950	£194,987	3% below 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 was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2022 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 1 RICCAT LANE be worth now?

1 RICCAT LANE might now be worth an estimated £585,234.

This is based on house price deflation of 1.2%, between May 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 1.2% deflationary decrease is applied to the most recent sale price for 1 RICCAT LANE of £592,500 on 16th May 2022. For the value to have decreased from £592,500 to £585,234 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 1 RICCAT LANE has moved in line with the HPI for detached houses in the Stevenage local authority area.
• The May 2022 sale price of £592,500 represented a fair market value for the property.
• The size, condition, and specification of 1 RICCAT LANE has not materially changed since May 2022.

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 50% 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 RICCAT LANE lies on this distribution: 59% of detached houses 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.