162, CLEVELAND WAY, STEVENAGE, SG1 6BY - £500,000

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

162 CLEVELAND WAY is a very large extended detached house of 198m², built sometime between 2003 and 2006. It was last sold for £500,000 in December 2018, which was around 22% below the average December 2018 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

162 CLEVELAND WAY Sold Prices

Land registry data shows two sales for 162 CLEVELAND WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. One of the two 162 CLEVELAND WAY sales was for below the average price, whilst the other was roughly equal to 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
2018 19 DEC	£500,000	£637,736	22% below HPI
2003 29 SEP	£310,000	£311,064	Close to HPI

162 CLEVELAND WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Hertfordshire local authority area over time, sourced from the HPI. The two 162 CLEVELAND WAY sales from September 2003 and December 2018 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 September 2003 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2018 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 162 CLEVELAND WAY?

162 CLEVELAND WAY is 198m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 10% of detached houses in Stevenage, based on EPC data. The below chart shows the distribution of detached houses by size in Stevenage, and where 162 CLEVELAND WAY lies on this distribution: 94% of detached houses are smaller than 162 CLEVELAND WAY, and 6% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

162 CLEVELAND WAY: Plot and Title Map

162 CLEVELAND WAY sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 162 CLEVELAND 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 162 CLEVELAND 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 162 CLEVELAND WAY?

162 CLEVELAND WAY is located in STEVENAGE, in the SG1 postcode district. The below map shows the position of No. 162 on CLEVELAND WAY.