124, CHANCELLORS ROAD, STEVENAGE, SG1 4TZ - £545,000

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.

124 CHANCELLORS ROAD is a large detached house of 147m², built sometime between 1983 and 1990, which could now be worth an estimated £783,925. It was last sold for £545,000 in August 2015, which was around 22% above the average August 2015 detached price in the Stevenage local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

124 CHANCELLORS ROAD Sold Prices

Land registry data shows two sales for 124 CHANCELLORS ROAD 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 124 CHANCELLORS ROAD sales were for above 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
2015 20 AUG	£545,000	£447,246	22% above HPI
1999 10 DEC	£249,950	£162,117	54% above HPI

124 CHANCELLORS ROAD 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 124 CHANCELLORS ROAD sales from December 1999 and August 2015 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 December 1999 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the August 2015 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 124 CHANCELLORS ROAD be worth now?

124 CHANCELLORS ROAD might now be worth an estimated £783,925.

This is based on house price inflation of 43.8%, between August 2015 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 43.8% inflationary increase is applied to the most recent sale price for 124 CHANCELLORS ROAD of £545,000 on 20th August 2015. For the value to have increased from £545,000 to £783,925 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 124 CHANCELLORS ROAD has moved in line with the HPI for detached houses in the Stevenage local authority area.
• The August 2015 sale price of £545,000 represented a fair market value for the property.
• The size, condition, and specification of 124 CHANCELLORS ROAD has not materially changed since August 2015.

How Large is 124 CHANCELLORS ROAD?

124 CHANCELLORS ROAD is 147m² according to the EPC inspection conducted in September 2014. This puts it in the largest 30% 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 124 CHANCELLORS ROAD lies on this distribution: 78% of detached houses houses are smaller than 124 CHANCELLORS ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

124 CHANCELLORS ROAD: Plot and Title Map

124 CHANCELLORS ROAD sits on a plot of roughly 0.139 of an acre, or 561m². The below map shows the location of 124 CHANCELLORS ROAD, 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 124 CHANCELLORS ROAD). 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 124 CHANCELLORS ROAD?

124 CHANCELLORS ROAD is located in STEVENAGE, in the SG1 postcode district. The below map shows the position of No. 124 on CHANCELLORS ROAD.