227, CLEVELAND WAY, STEVENAGE, SG1 6BX - £625,000

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

227 CLEVELAND WAY is a very large extended detached house of 207m², built sometime between 1996 and 2002. It was last sold for £625,000 in July 2019, which was around 2% above the average July 2019 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.

227 CLEVELAND WAY Sold Prices

Land registry data shows two sales for 227 CLEVELAND WAY since 1^st 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. Both of the two 227 CLEVELAND WAY sales 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
2019 10 JUL	£625,000	£615,549	2% above HPI
2003 24 JAN	£315,000	£288,912	9% above HPI

227 CLEVELAND WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Hertfordshire local authority area over time, sourced from the HPI. The two 227 CLEVELAND WAY sales from January 2003 and July 2019 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 2003 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the July 2019 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 227 CLEVELAND WAY?

227 CLEVELAND WAY is 207m², 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 227 CLEVELAND WAY lies on this distribution: 96% of detached houses are smaller than 227 CLEVELAND WAY, and 4% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

227 CLEVELAND WAY: Plot and Title Map

227 CLEVELAND WAY sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 227 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 227 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.

Where is 227 CLEVELAND WAY?

227 CLEVELAND WAY is located in STEVENAGE, in the SG1 postcode district. The below map shows the position of No. 227 on CLEVELAND WAY.