178, CLEVELAND WAY, STEVENAGE, SG1 6BY - £437,000

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.

178 CLEVELAND WAY is a very large extended detached house of 164m², built sometime between 1996 and 2002, which could now be worth an estimated £687,824. It was last sold for £437,000 in August 2014, which was around 11% below the average August 2014 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

178 CLEVELAND WAY Sold Prices

Land registry data shows two sales for 178 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 178 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
2014 1 AUG	£437,000	£493,125	11% below HPI
2002 26 JUL	£285,000	£284,410	Close to HPI

178 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 178 CLEVELAND WAY sales from July 2002 and August 2014 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 July 2002 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2014 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 178 CLEVELAND WAY be worth now?

178 CLEVELAND WAY might now be worth an estimated £687,824.

This is based on house price inflation of 57.4%, between August 2014 and February 2025, for detached houses, in the North Hertfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 57.4% inflationary increase is applied to the most recent sale price for 178 CLEVELAND WAY of £437,000 on 1st August 2014. For the value to have increased from £437,000 to £687,824 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 178 CLEVELAND WAY has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The August 2014 sale price of £437,000 represented a fair market value for the property.
• The size, condition, and specification of 178 CLEVELAND WAY has not materially changed since August 2014.

How Large is 178 CLEVELAND WAY?

178 CLEVELAND WAY is 164m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the largest 20% 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 178 CLEVELAND WAY lies on this distribution: 85% of detached houses houses are smaller than 178 CLEVELAND WAY, and 15% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

178 CLEVELAND WAY: Plot and Title Map

178 CLEVELAND WAY sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 178 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 178 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 178 CLEVELAND WAY?

178 CLEVELAND WAY is located in STEVENAGE, in the SG1 postcode district. The below map shows the position of No. 178 on CLEVELAND WAY.