8, NEPTUNE GATE, STEVENAGE, SG2 7SH - £327,000

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

8 NEPTUNE GATE is a very small extended detached house of 85m², built sometime between 1996 and 2002. It was last sold for £327,000 in March 2015, which was around 20% below the average March 2015 detached price in the Stevenage local authority area. The most recent EPC inspection was November 2009, where the current energy rating was C, and the potential energy rating was C.

8 NEPTUNE GATE Sold Prices

Land registry data shows three sales for 8 NEPTUNE GATE 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 8 NEPTUNE GATE 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
2015 20 MAR	£327,000	£408,829	20% below HPI
2010 18 FEB	£249,950	£316,950	21% below HPI
1999 30 JUL	£124,950	£145,576	14% below HPI

8 NEPTUNE GATE 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 8 NEPTUNE GATE sales between July 1999 and March 2015 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 February 2010 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2015 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 8 NEPTUNE GATE?

8 NEPTUNE GATE is 85m², which includes one extension, according to the EPC inspection conducted in November 2009. 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 8 NEPTUNE GATE lies on this distribution: 11% of detached houses are smaller than 8 NEPTUNE GATE, and 89% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

8 NEPTUNE GATE: Plot and Title Map

8 NEPTUNE GATE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 8 NEPTUNE GATE, 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 NEPTUNE GATE). 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 NEPTUNE GATE?

8 NEPTUNE GATE is located in STEVENAGE, in the SG2 postcode district. The below map shows the position of No. 8 on NEPTUNE GATE.