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
18 ORWELL AVENUE is a large extended detached house of 148m², built sometime between 1996 and 2002. It was last sold for £640,000 in September 2023, which was around 2% below the average September 2023 detached price in the Stevenage local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 18 ORWELL AVENUE since 1st 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. One of the three 18 ORWELL AVENUE sales was for below the average price, whilst two were for above 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 22 SEP | £640,000 | £650,721 | 2% below HPI |
2010 7 JUL | £355,000 | £332,135 | 7% above HPI |
2005 1 JUN | £315,000 | £305,938 | 3% above HPI |
The below graph shows the average detached house price in the Stevenage local authority area over time, sourced from the HPI. The three 18 ORWELL AVENUE sales between June 2005 and September 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 July 2010 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the September 2023 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.
18 ORWELL AVENUE is 148m², which includes four extensions, according to the EPC inspection conducted in February 2023. This puts it in the largest 30% of detached houses in Stevenage, based on EPC data. The below chart shows the distribution of detached houses by size in Stevenage, and where 18 ORWELL AVENUE lies on this distribution: 78% of detached houses are smaller than 18 ORWELL AVENUE, and 22% of houses are larger. Note that EPC data is not available for all properties in Stevenage.
18 ORWELL AVENUE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 18 ORWELL AVENUE, 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 18 ORWELL AVENUE). 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.
18 ORWELL AVENUE is located in STEVENAGE, in the SG1 postcode district. The below map shows the position of No. 18 on ORWELL AVENUE.