3, ESSEX CLOSE, STEVENAGE, SG1 3FA - £715,000

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

3 ESSEX CLOSE is a very large detached house of 161m². It was last sold for £715,000 in May 2021, which was around 25% above the average May 2021 detached price in the Stevenage local authority area. The most recent EPC inspection was February 2016, where the current energy rating was B, and the potential energy rating was B.

3 ESSEX CLOSE Sold Prices

Land registry data shows two sales for 3 ESSEX CLOSE 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 ESSEX CLOSE 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
2021 28 MAY	£715,000	£570,805	25% above HPI
2016 29 MAR	£562,500	£487,107	15% above HPI

3 ESSEX 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 two 3 ESSEX CLOSE sales from March 2016 and May 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 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the May 2021 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 3 ESSEX CLOSE?

3 ESSEX CLOSE is 161m² according to the EPC inspection conducted in February 2016. This puts it in the largest 20% of detached houses in Stevenage, based on EPC data. The below chart shows the distribution of detached houses by size in Stevenage, and where 3 ESSEX CLOSE lies on this distribution: 83% of detached houses are smaller than 3 ESSEX CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

3 ESSEX CLOSE: Plot and Title Map

3 ESSEX CLOSE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 3 ESSEX 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 3 ESSEX 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 3 ESSEX CLOSE?

3 ESSEX CLOSE is located in STEVENAGE, in the SG1 postcode district. The below map shows the position of No. 3 on ESSEX CLOSE.