12, MINERVA CLOSE, STEVENAGE, SG2 7RA - £270,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 MINERVA CLOSE is a large extended detached house of 127m², built sometime between 1996 and 2002. It was last sold for £270,000 in July 2005, which was around 11% below the average July 2005 detached price in the Stevenage local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

12 MINERVA CLOSE Sold Prices

Land registry data shows two sales for 12 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 12 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
2005 11 JUL	£270,000	£302,909	11% below HPI
1997 23 MAY	£106,500	£109,344	3% below HPI

12 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 12 MINERVA CLOSE sales from May 1997 and July 2005 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 May 1997 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the July 2005 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 12 MINERVA CLOSE?

12 MINERVA CLOSE is 127m², which includes one extension, according to the EPC inspection conducted in July 2024. 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 12 MINERVA CLOSE lies on this distribution: 60% of detached houses are smaller than 12 MINERVA CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

12 MINERVA CLOSE: Plot and Title Map

12 MINERVA CLOSE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 12 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 12 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 12 MINERVA CLOSE?

12 MINERVA CLOSE is located in STEVENAGE, in the SG2 postcode district. The below map shows the position of No. 12 on MINERVA CLOSE.