40, TRAFFORD CLOSE, STEVENAGE, SG1 3RY - £500,000

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 TRAFFORD CLOSE is a midsized extended detached house of 116m², built sometime between 1967 and 1975. It was last sold for £500,000 in August 2017, which was around 8% below the average August 2017 detached price in the Stevenage local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

40 TRAFFORD CLOSE Sold Prices

Land registry data shows two sales for 40 TRAFFORD 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 TRAFFORD 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
2017 31 AUG	£500,000	£546,105	8% below HPI
2013 10 JUN	£300,000	£334,636	10% below HPI

40 TRAFFORD 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 TRAFFORD CLOSE sales from June 2013 and August 2017 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 June 2013 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2017 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 40 TRAFFORD CLOSE?

40 TRAFFORD CLOSE is 116m², which includes two extensions, according to the EPC inspection conducted in October 2022. 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 40 TRAFFORD CLOSE lies on this distribution: 47% of detached houses are smaller than 40 TRAFFORD CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

40 TRAFFORD CLOSE: Plot and Title Map

40 TRAFFORD CLOSE sits on a plot of roughly 0.135 of an acre, or 547m². The below map shows the location of 40 TRAFFORD 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 TRAFFORD 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 TRAFFORD CLOSE?

40 TRAFFORD CLOSE is located in STEVENAGE, in the SG1 postcode district. The below map shows the position of No. 40 on TRAFFORD CLOSE.