48, THE LAWNS, STEVENAGE, SG2 9RT - £385,000

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 THE LAWNS is a very small extended detached house of 87m², built sometime between 1991 and 1995. It was last sold for £385,000 in May 2019, which was around 31% below the average May 2019 detached price in the Stevenage local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

48 THE LAWNS Sold Prices

Land registry data shows four sales for 48 THE LAWNS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Stevenage local authority area for the corresponding sale date. All of the four 48 THE LAWNS 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
2019 10 MAY	£385,000	£555,481	31% below HPI
2015 23 JUN	£315,000	£426,429	26% below HPI
2001 13 JUL	£155,000	£191,754	19% below HPI
1999 30 JUN	£115,000	£142,137	19% below HPI

48 THE LAWNS 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 four 48 THE LAWNS sales between June 1999 and May 2019 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 June 2015 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2019 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 48 THE LAWNS?

48 THE LAWNS is 87m², which includes two extensions, according to the EPC inspection conducted in August 2014. 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 THE LAWNS lies on this distribution: 13% of detached houses are smaller than 48 THE LAWNS, and 86% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

48 THE LAWNS: Plot and Title Map

48 THE LAWNS sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 48 THE LAWNS, 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 THE LAWNS). 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 THE LAWNS?

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