16, MINERVA CLOSE, STEVENAGE, SG2 7RA - £392,500

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 MINERVA CLOSE is a small detached house of 109m², built sometime between 1991 and 1995. It was last sold for £392,500 in December 2015, which was around 16% below the average December 2015 detached price in the Stevenage local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

16 MINERVA CLOSE Sold Prices

Land registry data shows three sales for 16 MINERVA 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 MINERVA 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
2015 11 DEC	£392,500	£467,023	16% below HPI
2006 23 JUN	£278,000	£303,777	8% below HPI
1997 11 APR	£106,250	£108,496	2% below HPI

16 MINERVA 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 MINERVA CLOSE sales between April 1997 and December 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 June 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2015 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 16 MINERVA CLOSE?

16 MINERVA CLOSE is 109m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 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 MINERVA CLOSE lies on this distribution: 39% of detached houses are smaller than 16 MINERVA CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

16 MINERVA CLOSE: Plot and Title Map

16 MINERVA CLOSE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 16 MINERVA 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 MINERVA 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 MINERVA CLOSE?

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