22, MINERVA CLOSE, STEVENAGE, SG2 7RA - £240,000

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

22 MINERVA CLOSE is a small detached house of 95m², built sometime between 1996 and 2002, which could now be worth an estimated £449,879. It was last sold for £240,000 in July 2012, which was around 30% below the average July 2012 detached price in the Stevenage local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

22 MINERVA CLOSE Sold Prices

Land registry data shows two sales for 22 MINERVA 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 22 MINERVA 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
2012 27 JUL	£240,000	£343,194	30% below HPI
1997 25 APR	£89,999	£110,862	19% below HPI

22 MINERVA 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 22 MINERVA CLOSE sales from April 1997 and July 2012 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 1997 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2012 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 22 MINERVA CLOSE be worth now?

22 MINERVA CLOSE might now be worth an estimated £449,879.

This is based on house price inflation of 87.4%, between July 2012 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 87.4% inflationary increase is applied to the most recent sale price for 22 MINERVA CLOSE of £240,000 on 27th July 2012. For the value to have increased from £240,000 to £449,879 over the thirteen years and five months to February 2025, the following assumptions must hold true:

• The value of 22 MINERVA CLOSE has moved in line with the HPI for detached houses in the Stevenage local authority area.
• The July 2012 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 22 MINERVA CLOSE has not materially changed since July 2012.

How Large is 22 MINERVA CLOSE?

22 MINERVA CLOSE is 95m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 30% 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 22 MINERVA CLOSE lies on this distribution: 20% of detached houses houses are smaller than 22 MINERVA CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

22 MINERVA CLOSE: Plot and Title Map

22 MINERVA CLOSE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 22 MINERVA 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 22 MINERVA 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 22 MINERVA CLOSE?

22 MINERVA CLOSE is located in STEVENAGE, in the SG2 postcode district. The below map shows the position of No. 22 on MINERVA CLOSE.