5, MALVERN CLOSE, STEVENAGE, SG2 8UH - £346,000

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

5 MALVERN CLOSE is a midsized detached house of 123m², built sometime between 1996 and 2002. It was last sold for £346,000 in June 2006, which was around 14% above the average June 2006 detached price in the Stevenage local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

5 MALVERN CLOSE Sold Prices

Land registry data shows two sales for 5 MALVERN 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 5 MALVERN CLOSE sales were for above 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
2006 19 JUN	£346,000	£303,777	14% above HPI
1997 13 FEB	£124,950	£106,607	17% above HPI

5 MALVERN 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 5 MALVERN CLOSE sales from February 1997 and June 2006 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 February 1997 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the June 2006 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 5 MALVERN CLOSE?

5 MALVERN CLOSE is 123m² according to the EPC inspection conducted in January 2022. This puts it in the largest 50% of detached houses in Stevenage, based on EPC data. The below chart shows the distribution of detached houses by size in Stevenage, and where 5 MALVERN CLOSE lies on this distribution: 55% of detached houses are smaller than 5 MALVERN CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

5 MALVERN CLOSE: Plot and Title Map

5 MALVERN CLOSE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 5 MALVERN 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 5 MALVERN 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 5 MALVERN CLOSE?

5 MALVERN CLOSE is located in STEVENAGE, in the SG2 postcode district. The below map shows the position of No. 5 on MALVERN CLOSE.