16, LANCASTER CLOSE, STEVENAGE, SG1 4RX - £530,000

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

16 LANCASTER CLOSE is a large detached house of 127m², built sometime between 1983 and 1990. It was last sold for £530,000 in January 2020, which was around 3% below the average January 2020 detached price in the Stevenage local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

16 LANCASTER CLOSE Sold Prices

Land registry data shows two sales for 16 LANCASTER 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 16 LANCASTER 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
2020 31 JAN	£530,000	£546,721	3% below HPI
2013 14 MAR	£318,000	£340,582	7% below HPI

16 LANCASTER 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 16 LANCASTER CLOSE sales from March 2013 and January 2020 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 March 2013 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the January 2020 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 16 LANCASTER CLOSE?

16 LANCASTER CLOSE is 127m² according to the EPC inspection conducted in May 2019. 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 16 LANCASTER CLOSE lies on this distribution: 60% of detached houses are smaller than 16 LANCASTER CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

16 LANCASTER CLOSE: Plot and Title Map

16 LANCASTER CLOSE sits on a plot of roughly 0.091 of an acre, or 366m². The below map shows the location of 16 LANCASTER 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 16 LANCASTER 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 16 LANCASTER CLOSE?

16 LANCASTER CLOSE is located in STEVENAGE, in the SG1 postcode district. The below map shows the position of No. 16 on LANCASTER CLOSE.