4, OAKWELL CLOSE, STEVENAGE, SG2 8UG - £375,000

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 OAKWELL CLOSE is a midsized extended detached house of 115m², built sometime between 1983 and 1990, which could now be worth an estimated £610,006. It was last sold for £375,000 in July 2014, which was around 5% below the average July 2014 detached price in the Stevenage local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

4 OAKWELL CLOSE Sold Prices

Land registry data shows two sales for 4 OAKWELL 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. One of the two 4 OAKWELL CLOSE sales was for below the average price, whilst the other was 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 11 JUL	£375,000	£395,477	5% below HPI
1995 31 MAY	£104,750	£100,546	4% above HPI

4 OAKWELL 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 4 OAKWELL CLOSE sales from May 1995 and July 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 May 1995 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2014 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 4 OAKWELL CLOSE be worth now?

4 OAKWELL CLOSE might now be worth an estimated £610,006.

This is based on house price inflation of 62.7%, between July 2014 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 62.7% inflationary increase is applied to the most recent sale price for 4 OAKWELL CLOSE of £375,000 on 11th July 2014. For the value to have increased from £375,000 to £610,006 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of 4 OAKWELL CLOSE has moved in line with the HPI for detached houses in the Stevenage local authority area.
• The July 2014 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 4 OAKWELL CLOSE has not materially changed since July 2014.

How Large is 4 OAKWELL CLOSE?

4 OAKWELL CLOSE is 115m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 50% 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 OAKWELL CLOSE lies on this distribution: 46% of detached houses houses are smaller than 4 OAKWELL CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

4 OAKWELL CLOSE: Plot and Title Map

4 OAKWELL CLOSE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 4 OAKWELL 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 4 OAKWELL 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 4 OAKWELL CLOSE?

4 OAKWELL CLOSE is located in STEVENAGE, in the SG2 postcode district. The below map shows the position of No. 4 on OAKWELL CLOSE.