3, MORGAN CLOSE, STEVENAGE, SG1 4TG - £655,000

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 MORGAN CLOSE is a very large extended detached house of 183m², built sometime between 1983 and 1990. It was last sold for £655,000 in October 2016, which was around 25% above the average October 2016 detached price in the Stevenage local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

3 MORGAN CLOSE Sold Prices

Land registry data shows two sales for 3 MORGAN 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 MORGAN 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
2016 7 OCT	£655,000	£523,991	25% above HPI
1996 23 MAY	£180,000	£101,027	78% above HPI

3 MORGAN 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 MORGAN CLOSE sales from May 1996 and October 2016 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 May 1996 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the October 2016 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 3 MORGAN CLOSE?

3 MORGAN CLOSE is 183m², which includes two extensions, according to the EPC inspection conducted in July 2016. This puts it in the largest 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 MORGAN CLOSE lies on this distribution: 91% of detached houses are smaller than 3 MORGAN CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

3 MORGAN CLOSE: Plot and Title Map

3 MORGAN CLOSE sits on a plot of roughly 0.141 of an acre, or 569m². The below map shows the location of 3 MORGAN 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 MORGAN 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 MORGAN CLOSE?

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