56, MONTFITCHET WALK, STEVENAGE, SG2 7DT - £324,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

56 MONTFITCHET WALK is a very small detached house of 60m², built sometime between 1983 and 1990, which could now be worth an estimated £376,351. It was last sold for £324,000 in February 2020, which was around 41% below the average February 2020 detached price in the Stevenage local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

56 MONTFITCHET WALK Sold Prices

Land registry data shows five sales for 56 MONTFITCHET WALK since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Stevenage local authority area for the corresponding sale date. All of the five 56 MONTFITCHET WALK 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
2020 6 FEB	£324,000	£553,830	41% below HPI
2016 15 APR	£280,000	£505,499	45% below HPI
2015 24 APR	£265,000	£424,515	38% below HPI
2004 7 SEP	£178,000	£320,888	45% below HPI
1998 20 NOV	£103,500	£146,728	29% below HPI

56 MONTFITCHET WALK 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 five 56 MONTFITCHET WALK sales between November 1998 and February 2020 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 April 2016 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the February 2020 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 56 MONTFITCHET WALK be worth now?

56 MONTFITCHET WALK might now be worth an estimated £376,351.

This is based on house price inflation of 16.2%, between February 2020 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 16.2% inflationary increase is applied to the most recent sale price for 56 MONTFITCHET WALK of £324,000 on 6th February 2020. For the value to have increased from £324,000 to £376,351 over the five years to February 2025, the following assumptions must hold true:

• The value of 56 MONTFITCHET WALK has moved in line with the HPI for detached houses in the Stevenage local authority area.
• The February 2020 sale price of £324,000 represented a fair market value for the property.
• The size, condition, and specification of 56 MONTFITCHET WALK has not materially changed since February 2020.

How Large is 56 MONTFITCHET WALK?

56 MONTFITCHET WALK is 60m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% 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 56 MONTFITCHET WALK lies on this distribution: 1% of detached houses houses are smaller than 56 MONTFITCHET WALK, and 98% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

56 MONTFITCHET WALK: Plot and Title Map

56 MONTFITCHET WALK sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 56 MONTFITCHET WALK, 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 MONTFITCHET WALK). 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 56 MONTFITCHET WALK?

56 MONTFITCHET WALK is located in STEVENAGE, in the SG2 postcode district. The below map shows the position of No. 56 on MONTFITCHET WALK.