8, WATERCRESS CLOSE, STEVENAGE, SG2 9TN - £580,000

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 WATERCRESS CLOSE is a large detached house of 131m², built sometime between 1991 and 1995, which could now be worth an estimated £680,756. It was last sold for £580,000 in June 2020, which was around 6% above the average June 2020 detached price in the Stevenage local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

8 WATERCRESS CLOSE Sold Prices

Land registry data shows three sales for 8 WATERCRESS CLOSE 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 WATERCRESS CLOSE 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
2020 29 JUN	£580,000	£548,101	6% above HPI
2011 14 OCT	£355,000	£351,664	1% above HPI
2005 27 MAY	£355,000	£316,051	12% above HPI

8 WATERCRESS 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 three 8 WATERCRESS CLOSE sales between May 2005 and June 2020 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 2011 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2020 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 8 WATERCRESS CLOSE be worth now?

8 WATERCRESS CLOSE might now be worth an estimated £680,756.

This is based on house price inflation of 17.4%, between June 2020 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 17.4% inflationary increase is applied to the most recent sale price for 8 WATERCRESS CLOSE of £580,000 on 29th June 2020. For the value to have increased from £580,000 to £680,756 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 8 WATERCRESS CLOSE has moved in line with the HPI for detached houses in the Stevenage local authority area.
• The June 2020 sale price of £580,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WATERCRESS CLOSE has not materially changed since June 2020.

How Large is 8 WATERCRESS CLOSE?

8 WATERCRESS CLOSE is 131m² according to the EPC inspection conducted in May 2013. This puts it in the largest 40% 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 WATERCRESS CLOSE lies on this distribution: 64% of detached houses houses are smaller than 8 WATERCRESS CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

8 WATERCRESS CLOSE: Plot and Title Map

8 WATERCRESS CLOSE sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 8 WATERCRESS 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 WATERCRESS 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 WATERCRESS CLOSE?

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