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 PETWORTH CLOSE is a small extended detached house of 104m², built sometime between 1983 and 1990. It was last sold for £489,950 in October 2017, which was around 10% below the average October 2017 detached price in the Stevenage local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 2 PETWORTH CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Stevenage local authority area for the corresponding sale date. two of the four 2 PETWORTH CLOSE sales were for below the average price, and four 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 |
---|---|---|---|
2017 31 OCT | £489,950 | £546,058 | 10% below HPI |
2015 9 JAN | £368,600 | £407,558 | 10% below HPI |
2007 18 DEC | £349,950 | £348,121 | 1% above HPI |
1995 3 MAR | £106,000 | £98,767 | 7% above HPI |
The below graph shows the average detached house price in the Stevenage local authority area over time, sourced from the HPI. The four 2 PETWORTH CLOSE sales between March 1995 and October 2017 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 January 2015 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2017 sale, which was also at 10% below the HPI.
2 PETWORTH CLOSE is 104m², which includes two extensions, according to the EPC inspection conducted in September 2014. This puts it in the smallest 40% 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 PETWORTH CLOSE lies on this distribution: 32% of detached houses are smaller than 2 PETWORTH CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Stevenage.
2 PETWORTH CLOSE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 2 PETWORTH 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 PETWORTH 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.
2 PETWORTH CLOSE is located in STEVENAGE, in the SG2 postcode district. The below map shows the position of No. 2 on PETWORTH CLOSE.