48, LOMOND WAY, STEVENAGE, SG1 6BT - £450,000

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 LOMOND WAY is a large extended detached house of 132m², built sometime between 2003 and 2006. It was last sold for £450,000 in August 2015, which was around 15% below the average August 2015 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

48 LOMOND WAY Sold Prices

Land registry data shows two sales for 48 LOMOND WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. Both of the two 48 LOMOND 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
2015 12 AUG	£450,000	£531,537	15% below HPI
2003 19 DEC	£287,950	£316,327	9% below HPI

48 LOMOND WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Hertfordshire local authority area over time, sourced from the HPI. The two 48 LOMOND WAY sales from December 2003 and August 2015 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 December 2003 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2015 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 48 LOMOND WAY?

48 LOMOND WAY is 132m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 40% 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 LOMOND WAY lies on this distribution: 65% of detached houses are smaller than 48 LOMOND WAY, and 34% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

48 LOMOND WAY: Plot and Title Map

48 LOMOND WAY sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 48 LOMOND 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 LOMOND 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 LOMOND WAY?

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