48, MANCHESTER CLOSE, STEVENAGE, SG1 4TQ - £292,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

48 MANCHESTER CLOSE is a large detached house of 134m², built sometime between 1991 and 1995, which could now be worth an estimated £547,810. It was last sold for £292,500 in August 2011, which was around 15% below the average August 2011 detached price in the Stevenage local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

48 MANCHESTER CLOSE Sold Prices

Land registry data shows two sales for 48 MANCHESTER 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 MANCHESTER 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
2011 12 AUG	£292,500	£343,495	15% below HPI
2005 2 DEC	£280,000	£306,395	9% below HPI

48 MANCHESTER 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 MANCHESTER CLOSE sales from December 2005 and August 2011 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 2005 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2011 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 48 MANCHESTER CLOSE be worth now?

48 MANCHESTER CLOSE might now be worth an estimated £547,810.

This is based on house price inflation of 87.3%, between August 2011 and February 2025, for detached houses, in the Stevenage local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 87.3% inflationary increase is applied to the most recent sale price for 48 MANCHESTER CLOSE of £292,500 on 12th August 2011. For the value to have increased from £292,500 to £547,810 over the fourteen years and six months to February 2025, the following assumptions must hold true:

• The value of 48 MANCHESTER CLOSE has moved in line with the HPI for detached houses in the Stevenage local authority area.
• The August 2011 sale price of £292,500 represented a fair market value for the property.
• The size, condition, and specification of 48 MANCHESTER CLOSE has not materially changed since August 2011.

How Large is 48 MANCHESTER CLOSE?

48 MANCHESTER CLOSE is 134m² according to the EPC inspection conducted in May 2011. This puts it in the largest 40% of detached houses houses in Stevenage, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stevenage, and where 48 MANCHESTER CLOSE lies on this distribution: 69% of detached houses houses are smaller than 48 MANCHESTER CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

48 MANCHESTER CLOSE: Plot and Title Map

48 MANCHESTER CLOSE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 48 MANCHESTER 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 MANCHESTER 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 MANCHESTER CLOSE?

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