3, BEEHIVE WAY, STEVENAGE, SG2 9TQ - £427,500

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

3 BEEHIVE WAY is a small detached house of 100m², which could now be worth an estimated £479,684. It was last sold for £427,500 in October 2019, which was around 23% below the average October 2019 detached price in the Stevenage local authority area. The most recent EPC inspection was October 2013, where the current energy rating was B, and the potential energy rating was B.

3 BEEHIVE WAY Sold Prices

Land registry data shows two sales for 3 BEEHIVE 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 Stevenage local authority area for the corresponding sale date. Both of the two 3 BEEHIVE WAY 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
2019 14 OCT	£427,500	£552,150	23% below HPI
2013 7 NOV	£305,000	£367,128	17% below HPI

3 BEEHIVE WAY 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 two 3 BEEHIVE WAY sales from November 2013 and October 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 November 2013 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2019 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 3 BEEHIVE WAY be worth now?

3 BEEHIVE WAY might now be worth an estimated £479,684.

This is based on house price inflation of 12.2%, between October 2019 and December 2024, 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 12.2% inflationary increase is applied to the most recent sale price for 3 BEEHIVE WAY of £427,500 on 14th October 2019. For the value to have increased from £427,500 to £479,684 over the four years and ten months to December 2024, the following assumptions must hold true:

• The value of 3 BEEHIVE WAY has moved in line with the HPI for detached houses in the Stevenage local authority area.
• The October 2019 sale price of £427,500 represented a fair market value for the property.
• The size, condition, and specification of 3 BEEHIVE WAY has not materially changed since October 2019.

How Large is 3 BEEHIVE WAY?

3 BEEHIVE WAY is 100m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 30% 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 3 BEEHIVE WAY lies on this distribution: 26% of detached houses houses are smaller than 3 BEEHIVE WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

3 BEEHIVE WAY: Plot and Title Map

3 BEEHIVE WAY sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 3 BEEHIVE 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 3 BEEHIVE 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 3 BEEHIVE WAY?

3 BEEHIVE WAY is located in STEVENAGE, in the SG2 postcode district. The below map shows the position of No. 3 on BEEHIVE WAY.