38, SERPENTINE CLOSE, STEVENAGE, SG1 6AP - £288,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

38 SERPENTINE CLOSE is a very small semi-detached house of 91m², built sometime between 1996 and 2002, which could now be worth an estimated £477,561. It was last sold for £288,000 in March 2014, which was around 3% above the average March 2014 semi-detached price in the North Hertfordshire local authority area. The most recent EPC inspection was December 2013, where the current energy rating was C, and the potential energy rating was B.

38 SERPENTINE CLOSE Sold Prices

Land registry data shows four sales for 38 SERPENTINE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the North Hertfordshire local authority area for the corresponding sale date. All of the four 38 SERPENTINE CLOSE 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
2014 28 MAR	£288,000	£278,342	3% above HPI
2007 5 JAN	£259,000	£243,234	6% above HPI
2004 19 NOV	£233,000	£218,340	7% above HPI
2002 1 FEB	£178,000	£143,095	24% above HPI

38 SERPENTINE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Hertfordshire local authority area over time, sourced from the HPI. The four 38 SERPENTINE CLOSE sales between February 2002 and March 2014 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 2007 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the March 2014 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 38 SERPENTINE CLOSE be worth now?

38 SERPENTINE CLOSE might now be worth an estimated £477,561.

This is based on house price inflation of 65.8%, between March 2014 and February 2025, for semi-detached houses, in the North Hertfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 65.8% inflationary increase is applied to the most recent sale price for 38 SERPENTINE CLOSE of £288,000 on 28th March 2014. For the value to have increased from £288,000 to £477,561 over the eleven years and one month to February 2025, the following assumptions must hold true:

• The value of 38 SERPENTINE CLOSE has moved in line with the HPI for semi-detached houses in the North Hertfordshire local authority area.
• The March 2014 sale price of £288,000 represented a fair market value for the property.
• The size, condition, and specification of 38 SERPENTINE CLOSE has not materially changed since March 2014.

How Large is 38 SERPENTINE CLOSE?

38 SERPENTINE CLOSE is 91m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 20% 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 38 SERPENTINE CLOSE lies on this distribution: 16% of semi-detached houses houses are smaller than 38 SERPENTINE CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

38 SERPENTINE CLOSE: Plot and Title Map

38 SERPENTINE CLOSE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 38 SERPENTINE 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 SERPENTINE 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 SERPENTINE CLOSE?

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