2, CONIFER CLOSE, STEVENAGE, SG2 7QL - £249,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 CONIFER CLOSE is a very small detached house of 76m², built sometime between 1996 and 2002, which could now be worth an estimated £392,596. It was last sold for £249,000 in September 2014, which was around 39% below the average September 2014 detached price in the Stevenage local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

2 CONIFER CLOSE Sold Prices

Land registry data shows two sales for 2 CONIFER CLOSE 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 CONIFER CLOSE 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
2014 19 SEP	£249,000	£408,017	39% below HPI
2000 28 JUN	£115,000	£179,330	36% below HPI

2 CONIFER CLOSE 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 CONIFER CLOSE sales from June 2000 and September 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 June 2000 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2014 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 2 CONIFER CLOSE be worth now?

2 CONIFER CLOSE might now be worth an estimated £392,596.

This is based on house price inflation of 57.7%, between September 2014 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 57.7% inflationary increase is applied to the most recent sale price for 2 CONIFER CLOSE of £249,000 on 19th September 2014. For the value to have increased from £249,000 to £392,596 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 CONIFER CLOSE has moved in line with the HPI for detached houses in the Stevenage local authority area.
• The September 2014 sale price of £249,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CONIFER CLOSE has not materially changed since September 2014.

How Large is 2 CONIFER CLOSE?

2 CONIFER CLOSE is 76m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% 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 CONIFER CLOSE lies on this distribution: 6% of detached houses houses are smaller than 2 CONIFER CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

2 CONIFER CLOSE: Plot and Title Map

2 CONIFER CLOSE sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 2 CONIFER CLOSE, 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 CONIFER CLOSE). 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 CONIFER CLOSE?

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