48, ELY CLOSE, STEVENAGE, SG1 4NW - £124,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

48 ELY CLOSE is a midsized detached house of 115m², built sometime between 1950 and 1966. It was last sold for £124,000 in October 2003, which was around 57% below the average October 2003 detached price in the Stevenage local authority area. The most recent EPC inspection was August 2024, where the current energy rating was C, and the potential energy rating was B.

48 ELY CLOSE Sold Prices

Land registry data shows two sales for 48 ELY 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 48 ELY 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
2003 17 OCT	£124,000	£287,159	57% below HPI
1998 25 MAR	£60,000	£129,204	54% below HPI

48 ELY 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 48 ELY CLOSE sales from March 1998 and October 2003 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 March 1998 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the October 2003 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.

How Large is 48 ELY CLOSE?

48 ELY CLOSE is 115m² according to the EPC inspection conducted in August 2024. 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 48 ELY CLOSE lies on this distribution: 46% of detached houses are smaller than 48 ELY CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

48 ELY CLOSE: Plot and Title Map

48 ELY CLOSE sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 48 ELY 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 48 ELY 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 48 ELY CLOSE?

48 ELY CLOSE is located in STEVENAGE, in the SG1 postcode district. The below map shows the position of No. 48 on ELY CLOSE.