15, GORLESTON CLOSE, STEVENAGE, SG1 2JS - £625,000

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

15 GORLESTON CLOSE is a large extended detached house of 146m², built sometime between 1967 and 1975, which could now be worth an estimated £607,064. It was last sold for £625,000 in February 2023, which was around 6% below the average February 2023 detached price in the Stevenage local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

15 GORLESTON CLOSE Sold Prices

Land registry data shows two sales for 15 GORLESTON 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 15 GORLESTON 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
2023 16 FEB	£625,000	£662,323	6% below HPI
2004 2 JUL	£237,000	£308,791	23% below HPI

15 GORLESTON 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 15 GORLESTON CLOSE sales from July 2004 and February 2023 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 July 2004 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2023 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 15 GORLESTON CLOSE be worth now?

15 GORLESTON CLOSE might now be worth an estimated £607,064.

This is based on house price deflation of 2.9%, between February 2023 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 2.9% deflationary decrease is applied to the most recent sale price for 15 GORLESTON CLOSE of £625,000 on 16th February 2023. For the value to have decreased from £625,000 to £607,064 over the two years to February 2025, the following assumptions must hold true:

• The value of 15 GORLESTON CLOSE has moved in line with the HPI for detached houses in the Stevenage local authority area.
• The February 2023 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of 15 GORLESTON CLOSE has not materially changed since February 2023.

How Large is 15 GORLESTON CLOSE?

15 GORLESTON CLOSE is 146m², which includes two extensions, according to the EPC inspection conducted in August 2022. 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 15 GORLESTON CLOSE lies on this distribution: 77% of detached houses houses are smaller than 15 GORLESTON CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

15 GORLESTON CLOSE: Plot and Title Map

15 GORLESTON CLOSE sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 15 GORLESTON 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 15 GORLESTON 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 15 GORLESTON CLOSE?

15 GORLESTON CLOSE is located in STEVENAGE, in the SG1 postcode district. The below map shows the position of No. 15 on GORLESTON CLOSE.