9, SPENCER WAY, STEVENAGE, SG2 8GD - £405,250

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

9 SPENCER WAY is a small semi-detached house of 98m², which could now be worth an estimated £442,777. It was last sold for £405,250 in November 2021, which was around 12% above the average November 2021 semi-detached price in the Stevenage local authority area. The most recent EPC inspection was November 2012, where the current energy rating was B, and the potential energy rating was B.

9 SPENCER WAY Sold Prices

Land registry data shows two sales for 9 SPENCER WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Stevenage local authority area for the corresponding sale date. Both of the two 9 SPENCER WAY 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
2021 30 NOV	£405,250	£361,529	12% above HPI
2012 12 DEC	£249,950	£200,535	25% above HPI

9 SPENCER WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Stevenage local authority area over time, sourced from the HPI. The two 9 SPENCER WAY sales from December 2012 and November 2021 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 December 2012 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the November 2021 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 9 SPENCER WAY be worth now?

9 SPENCER WAY might now be worth an estimated £442,777.

This is based on house price inflation of 9.3%, between November 2021 and February 2025, for semi-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 9.3% inflationary increase is applied to the most recent sale price for 9 SPENCER WAY of £405,250 on 30th November 2021. For the value to have increased from £405,250 to £442,777 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 9 SPENCER WAY has moved in line with the HPI for semi-detached houses in the Stevenage local authority area.
• The November 2021 sale price of £405,250 represented a fair market value for the property.
• The size, condition, and specification of 9 SPENCER WAY has not materially changed since November 2021.

How Large is 9 SPENCER WAY?

9 SPENCER WAY is 98m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 30% of semi-detached houses houses in Stevenage, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stevenage, and where 9 SPENCER WAY lies on this distribution: 24% of semi-detached houses houses are smaller than 9 SPENCER WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

9 SPENCER WAY: Plot and Title Map

9 SPENCER WAY sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 9 SPENCER WAY, 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 9 SPENCER WAY). 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 9 SPENCER WAY?

9 SPENCER WAY is located in STEVENAGE, in the SG2 postcode district. The below map shows the position of No. 9 on SPENCER WAY.