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

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.

38 MANCHESTER CLOSE is a very small extended detached house of 94m², built sometime between 1996 and 2002, which could now be worth an estimated £513,550. It was last sold for £530,000 in July 2023, which was around 20% 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	£663,923	20% below HPI
2012 26 OCT	£288,000	£338,286	15% 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 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2023 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 38 MANCHESTER CLOSE be worth now?

38 MANCHESTER CLOSE might now be worth an estimated £513,550.

This is based on house price deflation of 3.1%, between July 2023 and February 2025, for 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 3.1% deflationary decrease is applied to the most recent sale price for 38 MANCHESTER CLOSE of £530,000 on 24th July 2023. For the value to have decreased from £530,000 to £513,550 over the two years and five months to February 2025, the following assumptions must hold true:

• The value of 38 MANCHESTER CLOSE has moved in line with the HPI for detached houses in the Stevenage local authority area.
• The July 2023 sale price of £530,000 represented a fair market value for the property.
• The size, condition, and specification of 38 MANCHESTER CLOSE has not materially changed since July 2023.

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 houses in Stevenage, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stevenage, and where 38 MANCHESTER CLOSE lies on this distribution: 19% of detached houses 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 0.062 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.