3, TATES WAY, STEVENAGE, SG1 4WP - £400,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 TATES WAY is a small extended detached house of 103m², built sometime between 1996 and 2002. It was last sold for £400,000 in August 2016, which was around 21% below the average August 2016 detached price in the Stevenage local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

3 TATES WAY Sold Prices

Land registry data shows three sales for 3 TATES WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Stevenage local authority area for the corresponding sale date. All of the three 3 TATES 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
2016 26 AUG	£400,000	£507,891	21% below HPI
2008 8 JAN	£235,000	£350,573	33% below HPI
2002 28 MAR	£180,000	£213,944	16% below HPI

3 TATES 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 three 3 TATES WAY sales between March 2002 and August 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 January 2008 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2016 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 3 TATES WAY?

3 TATES WAY is 103m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 40% 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 TATES WAY lies on this distribution: 31% of detached houses are smaller than 3 TATES WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

3 TATES WAY: Plot and Title Map

3 TATES WAY sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 3 TATES 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 TATES 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 TATES WAY?

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