73, CLEVELAND WAY, STEVENAGE, SG1 6BH - £453,000

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.

73 CLEVELAND WAY is a very small extended semi-detached house of 93m², built sometime between 2003 and 2006, which could now be worth an estimated £464,374. It was last sold for £453,000 in August 2022, which was around 1% above the average August 2022 semi-detached price in the North Hertfordshire local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

73 CLEVELAND WAY Sold Prices

Land registry data shows five sales for 73 CLEVELAND WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the North Hertfordshire local authority area for the corresponding sale date. Most of the five 73 CLEVELAND 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
2022 16 AUG	£453,000	£450,241	1% above HPI
2018 22 OCT	£373,000	£410,036	9% below HPI
2007 16 NOV	£265,000	£255,253	4% above HPI
2002 19 NOV	£205,000	£169,445	21% above HPI
2001 25 JUN	£155,000	£133,831	16% above HPI

73 CLEVELAND WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Hertfordshire local authority area over time, sourced from the HPI. The five 73 CLEVELAND WAY sales between June 2001 and August 2022 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 2018 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2022 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 73 CLEVELAND WAY be worth now?

73 CLEVELAND WAY might now be worth an estimated £464,374.

This is based on house price inflation of 2.5%, between August 2022 and February 2025, for semi-detached houses, in the North Hertfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.5% inflationary increase is applied to the most recent sale price for 73 CLEVELAND WAY of £453,000 on 16th August 2022. For the value to have increased from £453,000 to £464,374 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 73 CLEVELAND WAY has moved in line with the HPI for semi-detached houses in the North Hertfordshire local authority area.
• The August 2022 sale price of £453,000 represented a fair market value for the property.
• The size, condition, and specification of 73 CLEVELAND WAY has not materially changed since August 2022.

How Large is 73 CLEVELAND WAY?

73 CLEVELAND WAY is 93m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 20% of semi-detached houses houses in Stevenage, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stevenage, and where 73 CLEVELAND WAY lies on this distribution: 18% of semi-detached houses houses are smaller than 73 CLEVELAND WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

73 CLEVELAND WAY: Plot and Title Map

73 CLEVELAND WAY sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 73 CLEVELAND 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 73 CLEVELAND 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 73 CLEVELAND WAY?

73 CLEVELAND WAY is located in STEVENAGE, in the SG1 postcode district. The below map shows the position of No. 73 on CLEVELAND WAY.