16, RICCAT LANE, STEVENAGE, SG1 3XY - £547,500

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 RICCAT LANE is a midsized detached house of 121m², built sometime between 2003 and 2006. It was last sold for £547,500 in February 2023, which was around 16% below the average February 2023 detached price in the Stevenage local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was C.

16 RICCAT LANE Sold Prices

Land registry data shows three sales for 16 RICCAT LANE 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 RICCAT LANE 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 3 FEB	£547,500	£648,186	16% below HPI
2005 10 OCT	£262,000	£305,643	14% below HPI
2002 15 OCT	£235,000	£261,647	10% below HPI

16 RICCAT LANE 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 RICCAT LANE sales between October 2002 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 October 2005 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the February 2023 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 16 RICCAT LANE?

16 RICCAT LANE is 121m² according to the EPC inspection conducted in October 2020. This puts it in the largest 50% 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 RICCAT LANE lies on this distribution: 52% of detached houses are smaller than 16 RICCAT LANE, and 47% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

16 RICCAT LANE: Plot and Title Map

16 RICCAT LANE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 16 RICCAT LANE, 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 RICCAT LANE). 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 RICCAT LANE?

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