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 WATERCRESS CLOSE is a large detached house of 131m², built sometime between 1991 and 1995. It was last sold for £580,000 in June 2020, which was around 8% 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.
Land registry data shows three sales for 8 WATERCRESS CLOSE since 1st 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 | £536,402 | 8% above HPI |
2011 14 OCT | £355,000 | £344,158 | 3% above HPI |
2005 27 MAY | £355,000 | £309,306 | 15% above HPI |
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 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the June 2020 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.
8 WATERCRESS CLOSE is 131m² according to the EPC inspection conducted in May 2013. This puts it in the largest 40% 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 WATERCRESS CLOSE lies on this distribution: 64% of detached 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 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.
8 WATERCRESS CLOSE is located in STEVENAGE, in the SG2 postcode district. The below map shows the position of No. 8 on WATERCRESS CLOSE.