8, SPARROW DRIVE, STEVENAGE, SG2 9FD - £249,950

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 SPARROW DRIVE is a small extended detached house of 98m², built sometime between 1996 and 2002. It was last sold for £249,950 in February 2003, which was around 12% below the average February 2003 detached price in the Stevenage local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

8 SPARROW DRIVE Sold Prices

Land registry data shows three sales for 8 SPARROW DRIVE 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. One of the three 8 SPARROW DRIVE sales was for below the average price, whilst two 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
2003 28 FEB	£249,950	£285,544	12% below HPI
1999 1 OCT	£170,000	£153,856	10% above HPI
1997 10 NOV	£135,995	£123,072	11% above HPI

8 SPARROW DRIVE 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 SPARROW DRIVE sales between November 1997 and February 2003 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 1999 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the February 2003 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 8 SPARROW DRIVE?

8 SPARROW DRIVE is 98m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 30% 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 SPARROW DRIVE lies on this distribution: 24% of detached houses are smaller than 8 SPARROW DRIVE, and 75% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

8 SPARROW DRIVE: Plot and Title Map

8 SPARROW DRIVE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 8 SPARROW DRIVE, 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 SPARROW DRIVE). 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 SPARROW DRIVE?

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