173, CLEVELAND WAY, STEVENAGE, SG1 6BX - £510,000

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

173 CLEVELAND WAY is a large extended detached house of 131m², built sometime between 1996 and 2002. It was last sold for £510,000 in May 2024, which was around 28% below the average May 2024 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was C.

173 CLEVELAND WAY Sold Prices

Land registry data shows two sales for 173 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. Both of the two 173 CLEVELAND 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
2024 22 MAY	£510,000	£708,735	28% below HPI
2003 1 AUG	£275,000	£313,182	12% below HPI

173 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 173 CLEVELAND WAY sales from August 2003 and May 2024 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 August 2003 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2024 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 173 CLEVELAND WAY?

173 CLEVELAND WAY is 131m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the largest 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 173 CLEVELAND WAY lies on this distribution: 64% of detached houses are smaller than 173 CLEVELAND WAY, and 35% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

173 CLEVELAND WAY: Plot and Title Map

173 CLEVELAND WAY sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 173 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 173 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 173 CLEVELAND WAY?

173 CLEVELAND WAY is located in STEVENAGE, in the SG1 postcode district. The below map shows the position of No. 173 on CLEVELAND WAY.