11, MINERVA CLOSE, STEVENAGE, SG2 7RA - £260,000

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

11 MINERVA CLOSE is a small detached house of 107m², built sometime between 1996 and 2002, which could now be worth an estimated £529,232. It was last sold for £260,000 in August 2009, which was around 18% below the average August 2009 detached price in the Stevenage local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was C.

11 MINERVA CLOSE Sold Prices

Land registry data shows two sales for 11 MINERVA CLOSE 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 11 MINERVA 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
2009 12 AUG	£260,000	£316,047	18% below HPI
1997 27 JUN	£112,500	£113,595	1% below HPI

11 MINERVA 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 two 11 MINERVA CLOSE sales from June 1997 and August 2009 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 June 1997 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2009 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 11 MINERVA CLOSE be worth now?

11 MINERVA CLOSE might now be worth an estimated £529,232.

This is based on house price inflation of 103.6%, between August 2009 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 103.6% inflationary increase is applied to the most recent sale price for 11 MINERVA CLOSE of £260,000 on 12th August 2009. For the value to have increased from £260,000 to £529,232 over the sixteen years and six months to February 2025, the following assumptions must hold true:

• The value of 11 MINERVA CLOSE has moved in line with the HPI for detached houses in the Stevenage local authority area.
• The August 2009 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 11 MINERVA CLOSE has not materially changed since August 2009.

How Large is 11 MINERVA CLOSE?

11 MINERVA CLOSE is 107m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 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 11 MINERVA CLOSE lies on this distribution: 37% of detached houses houses are smaller than 11 MINERVA CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

11 MINERVA CLOSE: Plot and Title Map

11 MINERVA CLOSE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 11 MINERVA 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 11 MINERVA 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 11 MINERVA CLOSE?

11 MINERVA CLOSE is located in STEVENAGE, in the SG2 postcode district. The below map shows the position of No. 11 on MINERVA CLOSE.