55, GRASMERE, STEVENAGE, SG1 6AU - £365,000

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

55 GRASMERE is a very small extended detached house of 82m², built sometime between 1996 and 2002. It was last sold for £365,000 in March 2024, which was around 47% below the average March 2024 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

55 GRASMERE Sold Prices

Land registry data shows two sales for 55 GRASMERE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. Both of the two 55 GRASMERE 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
2024 20 MAR	£365,000	£690,036	47% below HPI
2000 15 JUN	£139,995	£201,899	31% below HPI

55 GRASMERE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Hertfordshire local authority area over time, sourced from the HPI. The two 55 GRASMERE sales from June 2000 and March 2024 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 2000 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2024 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 55 GRASMERE?

55 GRASMERE is 82m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the smallest 10% of detached houses in Stevenage, based on EPC data. The below chart shows the distribution of detached houses by size in Stevenage, and where 55 GRASMERE lies on this distribution: 9% of detached houses are smaller than 55 GRASMERE, and 90% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

55 GRASMERE: Plot and Title Map

55 GRASMERE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 55 GRASMERE, 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 55 GRASMERE). 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 55 GRASMERE?

55 GRASMERE is located in STEVENAGE, in the SG1 postcode district. The below map shows the position of No. 55 on GRASMERE.