27, OAKWELL CLOSE, STEVENAGE, SG2 8UG - £475,000

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

27 OAKWELL CLOSE is a small extended detached house of 106m², built sometime between 1967 and 1975. It was last sold for £475,000 in March 2021, which was around 14% below the average March 2021 detached price in the Stevenage local authority area. The most recent EPC inspection was October 2020, where the current energy rating was E, and the potential energy rating was B.

27 OAKWELL CLOSE Sold Prices

Land registry data shows three sales for 27 OAKWELL 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 Stevenage local authority area for the corresponding sale date. All of the three 27 OAKWELL 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
2021 15 MAR	£475,000	£551,377	14% below HPI
2007 27 JUL	£295,000	£330,402	11% below HPI
1995 15 DEC	£86,000	£101,924	16% below HPI

27 OAKWELL 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 three 27 OAKWELL CLOSE sales between December 1995 and March 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 July 2007 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 27 OAKWELL CLOSE?

27 OAKWELL CLOSE is 106m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 40% of detached houses in Stevenage, based on EPC data. The below chart shows the distribution of detached houses by size in Stevenage, and where 27 OAKWELL CLOSE lies on this distribution: 35% of detached houses are smaller than 27 OAKWELL CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

27 OAKWELL CLOSE: Plot and Title Map

27 OAKWELL CLOSE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 27 OAKWELL 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 27 OAKWELL 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 27 OAKWELL CLOSE?

27 OAKWELL CLOSE is located in STEVENAGE, in the SG2 postcode district. The below map shows the position of No. 27 on OAKWELL CLOSE.