48, GORDIAN WAY, STEVENAGE, SG2 7QF - £290,000

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

48 GORDIAN WAY is a very small detached house of 86m², built sometime between 1996 and 2002. It was last sold for £290,000 in December 2013, which was around 18% below the average December 2013 detached price in the Stevenage local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

48 GORDIAN WAY Sold Prices

Land registry data shows three sales for 48 GORDIAN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Stevenage local authority area for the corresponding sale date. All of the three 48 GORDIAN WAY 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
2013 6 DEC	£290,000	£355,376	18% below HPI
2002 25 JAN	£176,500	£209,654	16% below HPI
1997 20 OCT	£102,995	£120,876	15% below HPI

48 GORDIAN WAY 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 three 48 GORDIAN WAY sales between October 1997 and December 2013 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 January 2002 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2013 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 48 GORDIAN WAY?

48 GORDIAN WAY is 86m² according to the EPC inspection conducted in May 2013. 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 48 GORDIAN WAY lies on this distribution: 12% of detached houses are smaller than 48 GORDIAN WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

48 GORDIAN WAY: Plot and Title Map

48 GORDIAN WAY sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 48 GORDIAN WAY, 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 GORDIAN WAY). 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 GORDIAN WAY?

48 GORDIAN WAY is located in STEVENAGE, in the SG2 postcode district. The below map shows the position of No. 48 on GORDIAN WAY.