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
225 CLEVELAND WAY is a very large extended detached house of 191m², built sometime between 2003 and 2006. It was last sold for £399,995 in May 2014, which was around 12% below the average May 2014 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 225 CLEVELAND WAY since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. One of the two 225 CLEVELAND WAY sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2014 9 MAY | £399,995 | £455,827 | 12% below HPI |
2002 13 DEC | £305,000 | £283,678 | 8% above HPI |
The below graph shows the average detached house price in the North Hertfordshire local authority area over time, sourced from the HPI. The two 225 CLEVELAND WAY sales from December 2002 and May 2014 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 December 2002 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the May 2014 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.
225 CLEVELAND WAY is 191m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the largest 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 225 CLEVELAND WAY lies on this distribution: 92% of detached houses are smaller than 225 CLEVELAND WAY, and 7% of houses are larger. Note that EPC data is not available for all properties in Stevenage.
225 CLEVELAND WAY sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 225 CLEVELAND WAY, 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 225 CLEVELAND WAY). 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.
225 CLEVELAND WAY is located in STEVENAGE, in the SG1 postcode district. The below map shows the position of No. 225 on CLEVELAND WAY.