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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 RICCAT LANE is a midsized detached house of 121m², built sometime between 2003 and 2006, which could now be worth an estimated £531,788. It was last sold for £547,500 in February 2023, which was around 17% 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	£662,323	17% below HPI
2005 10 OCT	£262,000	£312,309	16% below HPI
2002 15 OCT	£235,000	£267,353	12% 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 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2023 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 16 RICCAT LANE be worth now?

16 RICCAT LANE might now be worth an estimated £531,788.

This is based on house price deflation of 2.9%, between February 2023 and February 2025, 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 2.9% deflationary decrease is applied to the most recent sale price for 16 RICCAT LANE of £547,500 on 3rd February 2023. For the value to have decreased from £547,500 to £531,788 over the two years to February 2025, the following assumptions must hold true:

• The value of 16 RICCAT LANE has moved in line with the HPI for detached houses in the Stevenage local authority area.
• The February 2023 sale price of £547,500 represented a fair market value for the property.
• The size, condition, and specification of 16 RICCAT LANE has not materially changed since February 2023.

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 houses in Stevenage, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stevenage, and where 16 RICCAT LANE lies on this distribution: 51% of detached houses 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.