5, CLEVELAND WAY, STEVENAGE, SG1 6BH - £275,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 CLEVELAND WAY is a very small semi-detached house of 77m², built sometime between 1996 and 2002, which could now be worth an estimated £332,311. It was last sold for £275,000 in November 2016, which was around 28% below the average November 2016 semi-detached price in the North Hertfordshire 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.

5 CLEVELAND WAY Sold Prices

Land registry data shows seven sales for 5 CLEVELAND WAY since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average semi-detached price in the North Hertfordshire local authority area for the corresponding sale date. All of the seven 5 CLEVELAND 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
2016 11 NOV	£275,000	£381,947	28% below HPI
2013 12 DEC	£205,000	£273,783	25% below HPI
2007 14 DEC	£202,500	£255,361	21% below HPI
2005 15 APR	£170,000	£218,948	22% below HPI
2004 30 JUL	£177,000	£212,763	17% below HPI
2001 5 OCT	£125,000	£141,421	12% below HPI
2000 21 DEC	£120,000	£123,759	3% below HPI

5 CLEVELAND WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Hertfordshire local authority area over time, sourced from the HPI. The seven 5 CLEVELAND WAY sales between December 2000 and November 2016 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 2013 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2016 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 5 CLEVELAND WAY be worth now?

5 CLEVELAND WAY might now be worth an estimated £332,311.

This is based on house price inflation of 20.8%, between November 2016 and February 2025, for semi-detached houses, in the North Hertfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.8% inflationary increase is applied to the most recent sale price for 5 CLEVELAND WAY of £275,000 on 11th November 2016. For the value to have increased from £275,000 to £332,311 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 CLEVELAND WAY has moved in line with the HPI for semi-detached houses in the North Hertfordshire local authority area.
• The November 2016 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CLEVELAND WAY has not materially changed since November 2016.

How Large is 5 CLEVELAND WAY?

5 CLEVELAND WAY is 77m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% of semi-detached houses houses in Stevenage, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stevenage, and where 5 CLEVELAND WAY lies on this distribution: 7% of semi-detached houses houses are smaller than 5 CLEVELAND WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

5 CLEVELAND WAY: Plot and Title Map

5 CLEVELAND WAY sits on a plot of roughly 0.039 of an acre, or 157m². The below map shows the location of 5 CLEVELAND 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 5 CLEVELAND 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 5 CLEVELAND WAY?

5 CLEVELAND WAY is located in STEVENAGE, in the SG1 postcode district. The below map shows the position of No. 5 on CLEVELAND WAY.