4, RICCAT LANE, STEVENAGE, SG1 3XY - £492,500

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

4 RICCAT LANE is a midsized extended detached house of 111m², built sometime between 1996 and 2002. It was last sold for £492,500 in November 2021, which was around 18% below the average November 2021 detached price in the Stevenage local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was C.

4 RICCAT LANE Sold Prices

Land registry data shows two sales for 4 RICCAT LANE 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 RICCAT LANE 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
2021 4 NOV	£492,500	£601,090	18% below HPI
2007 27 JUL	£297,000	£330,402	10% below HPI

4 RICCAT LANE 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 RICCAT LANE sales from July 2007 and November 2021 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 July 2007 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2021 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 4 RICCAT LANE?

4 RICCAT LANE is 111m², which includes two extensions, according to the EPC inspection conducted in May 2021. This puts it in the smallest 50% of detached houses in Stevenage, based on EPC data. The below chart shows the distribution of detached houses by size in Stevenage, and where 4 RICCAT LANE lies on this distribution: 41% of detached houses are smaller than 4 RICCAT LANE, and 58% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

4 RICCAT LANE: Plot and Title Map

4 RICCAT LANE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 4 RICCAT LANE, 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 RICCAT LANE). 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 RICCAT LANE?

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