2, SHEARWATER CLOSE, STEVENAGE, SG2 9RY - £285,000

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 SHEARWATER CLOSE is a very small detached house of 83m², built sometime between 1983 and 1990. It was last sold for £285,000 in May 2010, which was around 11% below the average May 2010 detached price in the Stevenage local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was D.

2 SHEARWATER CLOSE Sold Prices

Land registry data shows three sales for 2 SHEARWATER 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 SHEARWATER 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
2010 12 MAY	£285,000	£319,867	11% below HPI
2004 16 APR	£225,000	£287,807	22% below HPI
1999 2 AUG	£124,950	£147,624	15% below HPI

2 SHEARWATER 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 SHEARWATER CLOSE sales between August 1999 and May 2010 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 April 2004 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2010 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 2 SHEARWATER CLOSE?

2 SHEARWATER CLOSE is 83m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 10% 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 SHEARWATER CLOSE lies on this distribution: 10% of detached houses are smaller than 2 SHEARWATER CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

2 SHEARWATER CLOSE: Plot and Title Map

2 SHEARWATER CLOSE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 2 SHEARWATER 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 SHEARWATER 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 SHEARWATER CLOSE?

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