4, NICHOLAS PLACE, STEVENAGE, SG1 4BZ - £950,000

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

4 NICHOLAS PLACE is a very large extended detached house of 250m², built sometime between 1950 and 1966, which could now be worth an estimated £1,060,073. It was last sold for £950,000 in July 2018, which was around 71% above the average July 2018 detached price in the Stevenage local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

4 NICHOLAS PLACE Sold Prices

Land registry data shows two sales for 4 NICHOLAS PLACE 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 4 NICHOLAS PLACE 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
2018 31 JUL	£950,000	£555,219	71% above HPI
2010 30 NOV	£610,000	£343,852	77% above HPI

4 NICHOLAS PLACE 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 4 NICHOLAS PLACE sales from November 2010 and July 2018 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 November 2010 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the July 2018 sale, where it falls to 71% above the HPI. The line then continues to track at 71% above the HPI.

What might 4 NICHOLAS PLACE be worth now?

4 NICHOLAS PLACE might now be worth an estimated £1,060,073.

This is based on house price inflation of 11.6%, between July 2018 and December 2024, 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 11.6% inflationary increase is applied to the most recent sale price for 4 NICHOLAS PLACE of £950,000 on 31st July 2018. For the value to have increased from £950,000 to £1,060,073 over the five years and seven months to December 2024, the following assumptions must hold true:

• The value of 4 NICHOLAS PLACE has moved in line with the HPI for detached houses in the Stevenage local authority area.
• The July 2018 sale price of £950,000 represented a fair market value for the property.
• The size, condition, and specification of 4 NICHOLAS PLACE has not materially changed since July 2018.

How Large is 4 NICHOLAS PLACE?

4 NICHOLAS PLACE is 250m², which includes two extensions, according to the EPC inspection conducted in April 2010. This puts it in the largest 10% 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 4 NICHOLAS PLACE lies on this distribution: 99% of detached houses houses are smaller than 4 NICHOLAS PLACE, and 1% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

4 NICHOLAS PLACE: Plot and Title Map

4 NICHOLAS PLACE sits on a plot of roughly 0.279 of an acre, or 1,131m². The below map shows the location of 4 NICHOLAS PLACE, 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 4 NICHOLAS PLACE). 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 4 NICHOLAS PLACE?

4 NICHOLAS PLACE is located in STEVENAGE, in the SG1 postcode district. The below map shows the position of No. 4 on NICHOLAS PLACE.