5, TATES WAY, STEVENAGE, SG1 4WP - £325,000

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 TATES WAY is a midsized extended detached house of 112m², built sometime between 1996 and 2002, which could now be worth an estimated £512,424. It was last sold for £325,000 in September 2014, which was around 20% below the average September 2014 detached price in the Stevenage local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

5 TATES WAY Sold Prices

Land registry data shows three sales for 5 TATES WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Stevenage local authority area for the corresponding sale date. All of the three 5 TATES 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
2014 30 SEP	£325,000	£408,017	20% below HPI
2007 5 OCT	£290,000	£352,769	18% below HPI
2001 15 NOV	£175,000	£209,272	16% below HPI

5 TATES WAY 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 three 5 TATES WAY sales between November 2001 and September 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 October 2007 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2014 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 5 TATES WAY be worth now?

5 TATES WAY might now be worth an estimated £512,424.

This is based on house price inflation of 57.7%, between September 2014 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 57.7% inflationary increase is applied to the most recent sale price for 5 TATES WAY of £325,000 on 30th September 2014. For the value to have increased from £325,000 to £512,424 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 TATES WAY has moved in line with the HPI for detached houses in the Stevenage local authority area.
• The September 2014 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 5 TATES WAY has not materially changed since September 2014.

How Large is 5 TATES WAY?

5 TATES WAY is 112m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 50% 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 TATES WAY lies on this distribution: 42% of detached houses houses are smaller than 5 TATES WAY, and 57% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

5 TATES WAY: Plot and Title Map

5 TATES WAY sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 5 TATES 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 TATES 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 TATES WAY?

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