3, LOWES CLOSE, STEVENAGE, SG1 6AL - £375,000

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 LOWES CLOSE is a very small extended detached house of 82m², built sometime between 1996 and 2002. It was last sold for £375,000 in February 2019, which was around 39% below the average February 2019 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

3 LOWES CLOSE Sold Prices

Land registry data shows three sales for 3 LOWES 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 North Hertfordshire local authority area for the corresponding sale date. All of the three 3 LOWES 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
2019 25 FEB	£375,000	£613,568	39% below HPI
2014 14 JAN	£250,000	£432,606	42% below HPI
1999 17 SEP	£120,995	£178,947	32% below HPI

3 LOWES CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Hertfordshire local authority area over time, sourced from the HPI. The three 3 LOWES CLOSE sales between September 1999 and February 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 January 2014 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the February 2019 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 3 LOWES CLOSE?

3 LOWES CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the smallest 10% 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 LOWES CLOSE lies on this distribution: 9% of detached houses are smaller than 3 LOWES CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

3 LOWES CLOSE: Plot and Title Map

3 LOWES CLOSE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 3 LOWES 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 LOWES 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 LOWES CLOSE?

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