12, SEVERN WAY, STEVENAGE, SG1 3YL - £304,000

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

12 SEVERN WAY is a midsized extended detached house of 123m², built sometime between 1996 and 2002. It was last sold for £304,000 in April 2014, which was around 18% below the average April 2014 detached price in the Stevenage local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was C.

12 SEVERN WAY Sold Prices

Land registry data shows three sales for 12 SEVERN WAY 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 12 SEVERN WAY 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
2014 2 APR	£304,000	£369,859	18% below HPI
2003 7 AUG	£250,000	£289,988	14% below HPI
2001 25 MAY	£168,500	£188,442	11% below HPI

12 SEVERN WAY 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 12 SEVERN WAY sales between May 2001 and April 2014 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 August 2003 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2014 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 12 SEVERN WAY?

12 SEVERN WAY is 123m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the largest 50% 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 SEVERN WAY lies on this distribution: 55% of detached houses are smaller than 12 SEVERN WAY, and 44% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

12 SEVERN WAY: Plot and Title Map

12 SEVERN WAY sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 12 SEVERN WAY, 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 SEVERN WAY). 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 SEVERN WAY?

12 SEVERN WAY is located in STEVENAGE, in the SG1 postcode district. The below map shows the position of No. 12 on SEVERN WAY.