2, LANCASTER CLOSE, STEVENAGE, SG1 4RX - £620,000

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

2 LANCASTER CLOSE is a very large extended detached house of 178m², built sometime between 1991 and 1995. It was last sold for £620,000 in September 2018, which was around 11% above the average September 2018 detached price in the Stevenage local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

2 LANCASTER CLOSE Sold Prices

Land registry data shows three sales for 2 LANCASTER CLOSE since 1^st 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. All of the three 2 LANCASTER CLOSE sales 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
2018 28 SEP	£620,000	£556,508	11% above HPI
2004 7 JUN	£335,000	£294,309	14% above HPI
1999 25 JAN	£168,000	£141,943	18% above HPI

2 LANCASTER 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 three 2 LANCASTER CLOSE sales between January 1999 and September 2018 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 2004 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the September 2018 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 2 LANCASTER CLOSE?

2 LANCASTER CLOSE is 178m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the largest 20% of detached houses in Stevenage, based on EPC data. The below chart shows the distribution of detached houses by size in Stevenage, and where 2 LANCASTER CLOSE lies on this distribution: 90% of detached houses are smaller than 2 LANCASTER CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

2 LANCASTER CLOSE: Plot and Title Map

2 LANCASTER CLOSE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 2 LANCASTER 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 LANCASTER 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 LANCASTER CLOSE?

2 LANCASTER CLOSE is located in STEVENAGE, in the SG1 postcode district. The below map shows the position of No. 2 on LANCASTER CLOSE.