Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
56 DOWNLANDS is a very small extended detached house of 92m², built sometime between 1983 and 1990. It was last sold for £245,000 in March 2012, which was around 27% below the average March 2012 detached price in the Stevenage local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows six sales for 56 DOWNLANDS since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Stevenage local authority area for the corresponding sale date. All of the six 56 DOWNLANDS 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 |
---|---|---|---|
2012 5 MAR | £245,000 | £335,794 | 27% below HPI |
2006 30 NOV | £235,000 | £313,003 | 25% below HPI |
2003 28 APR | £231,000 | £298,209 | 23% below HPI |
2000 12 MAY | £144,000 | £174,018 | 17% below HPI |
2000 24 MAR | £140,000 | £170,842 | 18% below HPI |
1997 17 FEB | £98,000 | £106,607 | 8% below HPI |
The below graph shows the average detached house price in the Stevenage local authority area over time, sourced from the HPI. The six 56 DOWNLANDS sales between February 1997 and March 2012 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 November 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2012 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.
56 DOWNLANDS is 92m², which includes one extension, according to the EPC inspection conducted in December 2011. This puts it in the smallest 20% of detached houses in Stevenage, based on EPC data. The below chart shows the distribution of detached houses by size in Stevenage, and where 56 DOWNLANDS lies on this distribution: 17% of detached houses are smaller than 56 DOWNLANDS, and 83% of houses are larger. Note that EPC data is not available for all properties in Stevenage.
56 DOWNLANDS sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 56 DOWNLANDS, 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 56 DOWNLANDS). 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.
56 DOWNLANDS is located in STEVENAGE, in the SG2 postcode district. The below map shows the position of No. 56 on DOWNLANDS.