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

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 THE GRANGE is a very small semi-detached house of 45m², built sometime between 1996 and 2002. It was last sold for £295,000 in February 2021, which was around 46% below the average February 2021 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 detached price in the Stevenage local authority area for the corresponding sale date. All of the five 3 THE GRANGE 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
2021 2 FEB	£295,000	£547,985	46% below HPI
2012 18 MAY	£235,500	£333,970	29% below HPI
2007 24 OCT	£247,000	£345,239	28% below HPI
2002 23 AUG	£179,950	£249,173	28% below HPI
2000 7 JAN	£155,000	£163,795	5% below HPI

3 THE GRANGE 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 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 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2021 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

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 detached houses in Stevenage, based on EPC data. The below chart shows the distribution of detached houses by size in Stevenage, and where 3 THE GRANGE lies on this distribution: 1% of detached 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.