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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

27 OAKWELL CLOSE is a small extended detached house of 106m², built sometime between 1967 and 1975, which could now be worth an estimated £542,375. It was last sold for £475,000 in March 2021, which was around 16% 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	£563,402	16% below HPI
2007 27 JUL	£295,000	£337,607	13% below HPI
1995 15 DEC	£86,000	£104,146	17% 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 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2021 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 27 OAKWELL CLOSE be worth now?

27 OAKWELL CLOSE might now be worth an estimated £542,375.

This is based on house price inflation of 14.2%, between March 2021 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 14.2% inflationary increase is applied to the most recent sale price for 27 OAKWELL CLOSE of £475,000 on 15th March 2021. For the value to have increased from £475,000 to £542,375 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 27 OAKWELL CLOSE has moved in line with the HPI for detached houses in the Stevenage local authority area.
• The March 2021 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 27 OAKWELL CLOSE has not materially changed since March 2021.

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 houses in Stevenage, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stevenage, and where 27 OAKWELL CLOSE lies on this distribution: 34% of detached houses houses are smaller than 27 OAKWELL CLOSE, and 65% 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.