16, REDWING CLOSE, STEVENAGE, SG2 9FE - £270,000

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

16 REDWING CLOSE is a very small detached house of 73m², built sometime between 1996 and 2002, which could now be worth an estimated £551,432. It was last sold for £270,000 in May 2009, which was around 11% below the average May 2009 detached price in the Stevenage local authority area. The most recent EPC inspection was January 2009, where the current energy rating was C, and the potential energy rating was C.

16 REDWING CLOSE Sold Prices

Land registry data shows three sales for 16 REDWING 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 REDWING 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
2009 18 MAY	£270,000	£303,353	11% below HPI
2001 8 MAY	£188,000	£192,552	2% below HPI
1997 27 JUN	£108,995	£113,595	4% below HPI

16 REDWING 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 REDWING CLOSE sales between June 1997 and May 2009 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 May 2001 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2009 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 16 REDWING CLOSE be worth now?

16 REDWING CLOSE might now be worth an estimated £551,432.

This is based on house price inflation of 104.2%, between May 2009 and December 2024, 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 104.2% inflationary increase is applied to the most recent sale price for 16 REDWING CLOSE of £270,000 on 18th May 2009. For the value to have increased from £270,000 to £551,432 over the fourteen years and five months to December 2024, the following assumptions must hold true:

• The value of 16 REDWING CLOSE has moved in line with the HPI for detached houses in the Stevenage local authority area.
• The May 2009 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 16 REDWING CLOSE has not materially changed since May 2009.

How Large is 16 REDWING CLOSE?

16 REDWING CLOSE is 73m² according to the EPC inspection conducted in January 2009. This puts it in the smallest 10% 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 16 REDWING CLOSE lies on this distribution: 4% of detached houses houses are smaller than 16 REDWING CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

16 REDWING CLOSE: Plot and Title Map

16 REDWING CLOSE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 16 REDWING 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 REDWING 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 REDWING CLOSE?

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