5, REDWING CLOSE, STEVENAGE, SG2 9FE - £345,000

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 REDWING CLOSE is a large detached house of 133m², built sometime between 1996 and 2002, which could now be worth an estimated £530,931. It was last sold for £345,000 in August 2014, which was around 14% below the average August 2014 detached price in the Stevenage local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

5 REDWING CLOSE Sold Prices

Land registry data shows four sales for 5 REDWING CLOSE 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. Most of the four 5 REDWING 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
2014 18 AUG	£345,000	£402,585	14% below HPI
2005 4 AUG	£285,000	£311,627	9% below HPI
2001 17 DEC	£205,000	£210,283	3% below HPI
1997 30 SEP	£129,995	£121,178	7% above HPI

5 REDWING 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 four 5 REDWING CLOSE sales between September 1997 and August 2014 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 August 2005 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2014 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 5 REDWING CLOSE be worth now?

5 REDWING CLOSE might now be worth an estimated £530,931.

This is based on house price inflation of 53.9%, between August 2014 and December 2024, 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 53.9% inflationary increase is applied to the most recent sale price for 5 REDWING CLOSE of £345,000 on 18th August 2014. For the value to have increased from £345,000 to £530,931 over the nine years and eight months to December 2024, the following assumptions must hold true:

• The value of 5 REDWING CLOSE has moved in line with the HPI for detached houses in the Stevenage local authority area.
• The August 2014 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 5 REDWING CLOSE has not materially changed since August 2014.

How Large is 5 REDWING CLOSE?

5 REDWING CLOSE is 133m² according to the EPC inspection conducted in September 2010. 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 5 REDWING CLOSE lies on this distribution: 68% of detached houses houses are smaller than 5 REDWING CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

5 REDWING CLOSE: Plot and Title Map

5 REDWING CLOSE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 5 REDWING 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 REDWING 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 REDWING CLOSE?

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