40, MILESTONE CLOSE, STEVENAGE, SG2 9RR - £455,000

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

40 MILESTONE CLOSE is a small extended detached house of 97m², built sometime between 1983 and 1990. It was last sold for £455,000 in November 2023, which was around 27% below the average November 2023 detached price in the Stevenage local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.

40 MILESTONE CLOSE Sold Prices

Land registry data shows two sales for 40 MILESTONE 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 40 MILESTONE 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 30 NOV	£455,000	£626,412	27% below HPI
1997 15 AUG	£108,000	£115,344	6% below HPI

40 MILESTONE 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 40 MILESTONE CLOSE sales from August 1997 and November 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 August 1997 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 40 MILESTONE CLOSE?

40 MILESTONE CLOSE is 97m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 30% of detached houses in Stevenage, based on EPC data. The below chart shows the distribution of detached houses by size in Stevenage, and where 40 MILESTONE CLOSE lies on this distribution: 23% of detached houses are smaller than 40 MILESTONE CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

40 MILESTONE CLOSE: Plot and Title Map

40 MILESTONE CLOSE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 40 MILESTONE 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 40 MILESTONE 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 40 MILESTONE CLOSE?

40 MILESTONE CLOSE is located in STEVENAGE, in the SG2 postcode district. The below map shows the position of No. 40 on MILESTONE CLOSE.