16, SEVERN WAY, STEVENAGE, SG1 3YL - £385,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 SEVERN WAY is a small detached house of 103m², built sometime between 1983 and 1990. It was last sold for £385,000 in November 2019, which was around 29% below the average November 2019 detached price in the Stevenage local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

16 SEVERN WAY Sold Prices

Land registry data shows three sales for 16 SEVERN WAY 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 SEVERN WAY 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
2019 18 NOV	£385,000	£541,767	29% below HPI
2015 13 MAR	£275,000	£408,829	33% below HPI
2001 24 OCT	£153,500	£204,029	25% below HPI

16 SEVERN WAY 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 SEVERN WAY sales between October 2001 and November 2019 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 March 2015 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2019 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 16 SEVERN WAY?

16 SEVERN WAY is 103m² according to the EPC inspection conducted in May 2024. 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 SEVERN WAY lies on this distribution: 31% of detached houses are smaller than 16 SEVERN WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

16 SEVERN WAY: Plot and Title Map

16 SEVERN WAY sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 16 SEVERN WAY, 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 SEVERN WAY). 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 SEVERN WAY?

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