38, MANCHESTER CLOSE, STEVENAGE, SG1 4TQ - £530,000

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

38 MANCHESTER CLOSE is a very small extended detached house of 94m², built sometime between 1996 and 2002. It was last sold for £530,000 in July 2023, which was around 18% below the average July 2023 detached price in the Stevenage local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

38 MANCHESTER CLOSE Sold Prices

Land registry data shows two sales for 38 MANCHESTER 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 38 MANCHESTER 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
2023 24 JUL	£530,000	£649,752	18% below HPI
2012 26 OCT	£288,000	£331,066	13% below HPI

38 MANCHESTER 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 38 MANCHESTER CLOSE sales from October 2012 and July 2023 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 October 2012 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2023 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 38 MANCHESTER CLOSE?

38 MANCHESTER CLOSE is 94m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 20% of detached houses in Stevenage, based on EPC data. The below chart shows the distribution of detached houses by size in Stevenage, and where 38 MANCHESTER CLOSE lies on this distribution: 19% of detached houses are smaller than 38 MANCHESTER CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

38 MANCHESTER CLOSE: Plot and Title Map

38 MANCHESTER CLOSE sits on a plot of roughly 0.061 of an acre, or 249m². The below map shows the location of 38 MANCHESTER 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 38 MANCHESTER 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 38 MANCHESTER CLOSE?

38 MANCHESTER CLOSE is located in STEVENAGE, in the SG1 postcode district. The below map shows the position of No. 38 on MANCHESTER CLOSE.