2, BRAGBURY LANE, STEVENAGE, SG2 8TJ - £450,000

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.

2 BRAGBURY LANE is a midsized detached house of 118m², built sometime from 2007 onwards, which could now be worth an estimated £534,469. It was last sold for £450,000 in November 2016, which was around 17% below the average November 2016 detached price in the Stevenage local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

2 BRAGBURY LANE Sold Prices

Land registry data shows two sales for 2 BRAGBURY LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Stevenage local authority area for the corresponding sale date. Both of the two 2 BRAGBURY LANE 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
2016 18 NOV	£450,000	£541,645	17% below HPI
2011 26 AUG	£207,000	£343,495	40% below HPI

2 BRAGBURY LANE 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 two 2 BRAGBURY LANE sales from August 2011 and November 2016 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 2011 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2016 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 2 BRAGBURY LANE be worth now?

2 BRAGBURY LANE might now be worth an estimated £534,469.

This is based on house price inflation of 18.8%, between November 2016 and February 2025, for detached houses, in the Stevenage local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.8% inflationary increase is applied to the most recent sale price for 2 BRAGBURY LANE of £450,000 on 18th November 2016. For the value to have increased from £450,000 to £534,469 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 BRAGBURY LANE has moved in line with the HPI for detached houses in the Stevenage local authority area.
• The November 2016 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BRAGBURY LANE has not materially changed since November 2016.

How Large is 2 BRAGBURY LANE?

2 BRAGBURY LANE is 118m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 50% 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 2 BRAGBURY LANE lies on this distribution: 49% of detached houses houses are smaller than 2 BRAGBURY LANE, and 50% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

2 BRAGBURY LANE: Plot and Title Map

2 BRAGBURY LANE sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 2 BRAGBURY LANE, 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 2 BRAGBURY LANE). 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 2 BRAGBURY LANE?

2 BRAGBURY LANE is located in STEVENAGE, in the SG2 postcode district. The below map shows the position of No. 2 on BRAGBURY LANE.