2, WHEATLANDS, STEVENAGE, SG2 0JT - £312,000

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 WHEATLANDS is a very small extended detached house of 85m², built sometime between 1991 and 1995. It was last sold for £312,000 in October 2017, which was around 43% below the average October 2017 detached price in the Stevenage local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

2 WHEATLANDS Sold Prices

Land registry data shows three sales for 2 WHEATLANDS 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 WHEATLANDS 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
2017 20 OCT	£312,000	£546,058	43% below HPI
1996 29 NOV	£73,500	£108,410	32% below HPI
1996 26 SEP	£73,000	£107,749	32% below HPI

2 WHEATLANDS 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 WHEATLANDS sales between September 1996 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 November 1996 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the October 2017 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 2 WHEATLANDS?

2 WHEATLANDS is 85m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the smallest 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 WHEATLANDS lies on this distribution: 11% of detached houses are smaller than 2 WHEATLANDS, and 88% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

2 WHEATLANDS: Plot and Title Map

2 WHEATLANDS sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 2 WHEATLANDS, 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 WHEATLANDS). 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 WHEATLANDS?

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