7, WOODLAND WAY, STEVENAGE, SG2 8BX - £632,000

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.

7 WOODLAND WAY is a very large detached house of 185m², built sometime between 1950 and 1966, which could now be worth an estimated £717,023. It was last sold for £632,000 in November 2018, which was around 11% above the average November 2018 detached price in the Stevenage local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was C.

7 WOODLAND WAY Sold Prices

Land registry data shows three sales for 7 WOODLAND 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 7 WOODLAND WAY sales were for above 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
2018 23 NOV	£632,000	£567,033	11% above HPI
2016 19 APR	£530,000	£505,499	5% above HPI
2014 21 JUL	£400,000	£395,477	1% above HPI

7 WOODLAND 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 7 WOODLAND WAY sales between July 2014 and November 2018 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 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the November 2018 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 7 WOODLAND WAY be worth now?

7 WOODLAND WAY might now be worth an estimated £717,023.

This is based on house price inflation of 13.5%, between November 2018 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 13.5% inflationary increase is applied to the most recent sale price for 7 WOODLAND WAY of £632,000 on 23rd November 2018. For the value to have increased from £632,000 to £717,023 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 7 WOODLAND WAY has moved in line with the HPI for detached houses in the Stevenage local authority area.
• The November 2018 sale price of £632,000 represented a fair market value for the property.
• The size, condition, and specification of 7 WOODLAND WAY has not materially changed since November 2018.

How Large is 7 WOODLAND WAY?

7 WOODLAND WAY is 185m² according to the EPC inspection conducted in April 2013. This puts it in the largest 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 7 WOODLAND WAY lies on this distribution: 91% of detached houses houses are smaller than 7 WOODLAND WAY, and 9% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

7 WOODLAND WAY: Plot and Title Map

7 WOODLAND WAY sits on a plot of roughly 0.209 of an acre, or 846m². The below map shows the location of 7 WOODLAND 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 7 WOODLAND 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 7 WOODLAND WAY?

7 WOODLAND WAY is located in STEVENAGE, in the SG2 postcode district. The below map shows the position of No. 7 on WOODLAND WAY.