8, MANCHESTER CLOSE, STEVENAGE, SG1 4TQ - £400,000

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.

8 MANCHESTER CLOSE is a midsized extended detached house of 126m², built sometime between 1996 and 2002, which could now be worth an estimated £454,876. It was last sold for £400,000 in February 2019, which was around 29% below the average February 2019 detached price in the Stevenage local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was B.

8 MANCHESTER CLOSE Sold Prices

Land registry data shows two sales for 8 MANCHESTER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Stevenage local authority area for the corresponding sale date. Both of the two 8 MANCHESTER CLOSE 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
2019 15 FEB	£400,000	£565,707	29% below HPI
1998 8 MAY	£133,000	£137,664	3% below HPI

8 MANCHESTER CLOSE 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 two 8 MANCHESTER CLOSE sales from May 1998 and February 2019 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 May 1998 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the February 2019 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 8 MANCHESTER CLOSE be worth now?

8 MANCHESTER CLOSE might now be worth an estimated £454,876.

This is based on house price inflation of 13.7%, between February 2019 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 13.7% inflationary increase is applied to the most recent sale price for 8 MANCHESTER CLOSE of £400,000 on 15th February 2019. For the value to have increased from £400,000 to £454,876 over the six years to February 2025, the following assumptions must hold true:

• The value of 8 MANCHESTER CLOSE has moved in line with the HPI for detached houses in the Stevenage local authority area.
• The February 2019 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MANCHESTER CLOSE has not materially changed since February 2019.

How Large is 8 MANCHESTER CLOSE?

8 MANCHESTER CLOSE is 126m², which includes one extension, according to the EPC inspection conducted in December 2017. This puts it in the largest 50% 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 8 MANCHESTER CLOSE lies on this distribution: 59% of detached houses houses are smaller than 8 MANCHESTER CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

8 MANCHESTER CLOSE: Plot and Title Map

8 MANCHESTER CLOSE sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 8 MANCHESTER CLOSE, 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 8 MANCHESTER CLOSE). 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 8 MANCHESTER CLOSE?

8 MANCHESTER CLOSE is located in STEVENAGE, in the SG1 postcode district. The below map shows the position of No. 8 on MANCHESTER CLOSE.