16, MILESTONE CLOSE, STEVENAGE, SG2 9RR - £475,000

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

16 MILESTONE CLOSE is a very small detached house of 94m², built sometime between 1983 and 1990. It was last sold for £475,000 in July 2023, which was around 27% below the average July 2023 detached price in the Stevenage local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

16 MILESTONE CLOSE Sold Prices

Land registry data shows three sales for 16 MILESTONE CLOSE 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 16 MILESTONE 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 5 JUL	£475,000	£649,752	27% below HPI
2015 27 AUG	£310,000	£437,700	29% below HPI
2004 6 DEC	£249,950	£313,245	20% below HPI

16 MILESTONE 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 three 16 MILESTONE CLOSE sales between December 2004 and July 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 August 2015 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2023 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 16 MILESTONE CLOSE?

16 MILESTONE CLOSE is 94m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 20% 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 MILESTONE CLOSE lies on this distribution: 19% of detached houses are smaller than 16 MILESTONE CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

16 MILESTONE CLOSE: Plot and Title Map

16 MILESTONE CLOSE sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 16 MILESTONE 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 MILESTONE 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 MILESTONE CLOSE?

16 MILESTONE CLOSE is located in STEVENAGE, in the SG2 postcode district. The below map shows the position of No. 16 on MILESTONE CLOSE.