47, GROVE ROAD, STEVENAGE, SG1 3NT - £540,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

47 GROVE ROAD is a very small detached house of 89m², built sometime between 1930 and 1949. It was last sold for £540,000 in October 2022, which was around 19% below the average October 2022 detached price in the Stevenage local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

47 GROVE ROAD Sold Prices

Land registry data shows six sales for 47 GROVE ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Stevenage local authority area for the corresponding sale date. All of the six 47 GROVE ROAD 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
2022 3 OCT	£540,000	£665,058	19% below HPI
2022 3 FEB	£320,000	£620,966	48% below HPI
2015 11 AUG	£325,000	£437,700	26% below HPI
2005 14 DEC	£230,000	£299,855	23% below HPI
1996 31 JAN	£83,500	£102,079	18% below HPI
1995 21 DEC	£85,000	£101,924	17% below HPI

47 GROVE ROAD 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 six 47 GROVE ROAD sales between December 1995 and October 2022 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 February 2022 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the October 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 47 GROVE ROAD?

47 GROVE ROAD is 89m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 20% of detached houses in Stevenage, based on EPC data. The below chart shows the distribution of detached houses by size in Stevenage, and where 47 GROVE ROAD lies on this distribution: 15% of detached houses are smaller than 47 GROVE ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

47 GROVE ROAD: Plot and Title Map

47 GROVE ROAD sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 47 GROVE ROAD, 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 47 GROVE ROAD). 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 47 GROVE ROAD?

47 GROVE ROAD is located in STEVENAGE, in the SG1 postcode district. The below map shows the position of No. 47 on GROVE ROAD.