3, LODGE WAY, STEVENAGE, SG2 8DB - £480,000

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

3 LODGE WAY is a large extended semi-detached house of 145m², built sometime between 1967 and 1975, which could now be worth an estimated £517,363. It was last sold for £480,000 in September 2021, which was around 31% above the average September 2021 semi-detached price in the Stevenage local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was C.

3 LODGE WAY Sold Prices

Land registry data shows two sales for 3 LODGE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Stevenage local authority area for the corresponding sale date. Both of the two 3 LODGE WAY 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 30 SEP	£480,000	£366,480	31% above HPI
2001 19 OCT	£139,000	£112,731	23% above HPI

3 LODGE WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Stevenage local authority area over time, sourced from the HPI. The two 3 LODGE WAY sales from October 2001 and September 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 October 2001 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the September 2021 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 3 LODGE WAY be worth now?

3 LODGE WAY might now be worth an estimated £517,363.

This is based on house price inflation of 7.8%, between September 2021 and February 2025, for semi-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 7.8% inflationary increase is applied to the most recent sale price for 3 LODGE WAY of £480,000 on 30th September 2021. For the value to have increased from £480,000 to £517,363 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 LODGE WAY has moved in line with the HPI for semi-detached houses in the Stevenage local authority area.
• The September 2021 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LODGE WAY has not materially changed since September 2021.

How Large is 3 LODGE WAY?

3 LODGE WAY is 145m², which includes two extensions, according to the EPC inspection conducted in April 2021. This puts it in the largest 30% of semi-detached houses houses in Stevenage, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stevenage, and where 3 LODGE WAY lies on this distribution: 77% of semi-detached houses houses are smaller than 3 LODGE WAY, and 23% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

3 LODGE WAY: Plot and Title Map

3 LODGE WAY sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 3 LODGE 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 LODGE 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 LODGE WAY?

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