3, THE GRANGE, STEVENAGE, SG1 3WA - £295,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 THE GRANGE is a very small semi-detached house of 45m², built sometime between 1996 and 2002, which could now be worth an estimated £351,962. It was last sold for £295,000 in February 2021, which was around 11% below the average February 2021 semi-detached price in the Stevenage local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

3 THE GRANGE Sold Prices

Land registry data shows five sales for 3 THE GRANGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Stevenage local authority area for the corresponding sale date. Most of the five 3 THE GRANGE 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 2 FEB	£295,000	£331,079	11% below HPI
2012 18 MAY	£235,500	£200,826	17% above HPI
2007 24 OCT	£247,000	£210,576	17% above HPI
2002 23 AUG	£179,950	£139,281	29% above HPI
2000 7 JAN	£155,000	£92,625	67% above HPI

3 THE GRANGE 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 five 3 THE GRANGE sales between January 2000 and February 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 May 2012 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the February 2021 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 3 THE GRANGE be worth now?

3 THE GRANGE might now be worth an estimated £351,962.

This is based on house price inflation of 19.3%, between February 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 19.3% inflationary increase is applied to the most recent sale price for 3 THE GRANGE of £295,000 on 2nd February 2021. For the value to have increased from £295,000 to £351,962 over the four years to February 2025, the following assumptions must hold true:

• The value of 3 THE GRANGE has moved in line with the HPI for semi-detached houses in the Stevenage local authority area.
• The February 2021 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE GRANGE has not materially changed since February 2021.

How Large is 3 THE GRANGE?

3 THE GRANGE is 45m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 10% 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 THE GRANGE lies on this distribution: 1% of semi-detached houses houses are smaller than 3 THE GRANGE, and 99% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

3 THE GRANGE: Plot and Title Map

3 THE GRANGE sits on a plot of roughly 0.016 of an acre, or 64m². The below map shows the location of 3 THE GRANGE, 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 THE GRANGE). 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 THE GRANGE?

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