13A, SPRING DRIVE, STEVENAGE, SG2 8AZ - £315,000

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

13A SPRING DRIVE is a very small detached house of 60m², built sometime from 2007 onwards. It was last sold for £315,000 in April 2022, which was around 50% below the average April 2022 detached price in the Stevenage local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

13A SPRING DRIVE Sold Prices

Land registry data shows two sales for 13A SPRING DRIVE 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 13A SPRING DRIVE 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 25 APR	£315,000	£629,984	50% below HPI
1997 18 DEC	£77,995	£125,578	38% below HPI

13A SPRING DRIVE 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 13A SPRING DRIVE sales from December 1997 and April 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 December 1997 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the April 2022 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 13A SPRING DRIVE?

13A SPRING DRIVE is 60m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% of detached houses in Stevenage, based on EPC data. The below chart shows the distribution of detached houses by size in Stevenage, and where 13A SPRING DRIVE lies on this distribution: 1% of detached houses are smaller than 13A SPRING DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

13A SPRING DRIVE: Plot and Title Map

13A SPRING DRIVE sits on a plot of roughly 0.031 of an acre, or 126m². The below map shows the location of 13A SPRING DRIVE, 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 13A SPRING DRIVE). 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 13A SPRING DRIVE?

13A SPRING DRIVE is located in STEVENAGE, in the SG2 postcode district. The below map shows the position of No. 13A on SPRING DRIVE.