25, MERRICK CLOSE, STEVENAGE, SG1 6GH - £577,000

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

25 MERRICK CLOSE is a very small detached house of 0m², which could now be worth an estimated £635,476. It was last sold for £577,000 in January 2021, which was around 18% below the average January 2021 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was May 2008, where the current energy rating was C, and the potential energy rating was C.

25 MERRICK CLOSE Sold Prices

Land registry data shows three sales for 25 MERRICK 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 North Hertfordshire local authority area for the corresponding sale date. Two of the three 25 MERRICK CLOSE sales were for below the average price, whilst one 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
2021 18 JAN	£577,000	£704,741	18% below HPI
2016 9 MAR	£451,000	£604,641	25% below HPI
2008 16 DEC	£424,995	£398,318	7% above HPI

25 MERRICK CLOSE 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 three 25 MERRICK CLOSE sales between December 2008 and January 2021 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 March 2016 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 25 MERRICK CLOSE be worth now?

25 MERRICK CLOSE might now be worth an estimated £635,476.

This is based on house price inflation of 10.1%, between January 2021 and February 2025, for detached houses, in the North Hertfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.1% inflationary increase is applied to the most recent sale price for 25 MERRICK CLOSE of £577,000 on 18th January 2021. For the value to have increased from £577,000 to £635,476 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 25 MERRICK CLOSE has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The January 2021 sale price of £577,000 represented a fair market value for the property.
• The size, condition, and specification of 25 MERRICK CLOSE has not materially changed since January 2021.

How Large is 25 MERRICK CLOSE?

25 MERRICK CLOSE is 0m² according to the EPC inspection conducted in May 2008. This puts it in the smallest 10% 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 25 MERRICK CLOSE lies on this distribution: Less than 1% of detached houses houses are smaller than 25 MERRICK CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

25 MERRICK CLOSE: Plot and Title Map

25 MERRICK CLOSE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 25 MERRICK 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 25 MERRICK 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 25 MERRICK CLOSE?

25 MERRICK CLOSE is located in STEVENAGE, in the SG1 postcode district. The below map shows the position of No. 25 on MERRICK CLOSE.