OAK COURT, RECTORY LANE, STEVENAGE, SG1 4BX - £999,500

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

OAK COURT is a very large extended detached house of 194m², built sometime between 1983 and 1990. It was last sold for £999,500 in March 2022, which was around 61% above the average March 2022 detached price in the Stevenage local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was C.

OAK COURT Sold Prices

Land registry data shows two sales for OAK COURT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Stevenage local authority area for the corresponding sale date. Both of the two OAK COURT 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
2022 24 MAR	£999,500	£621,589	61% above HPI
1998 18 NOV	£244,999	£143,596	71% above HPI

OAK COURT 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 two OAK COURT sales from November 1998 and March 2022 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 November 1998 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the March 2022 sale, where it falls to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is OAK COURT?

OAK COURT is 194m², which includes two extensions, according to the EPC inspection conducted in August 2021. This puts it in the largest 10% of detached houses in Stevenage, based on EPC data. The below chart shows the distribution of detached houses by size in Stevenage, and where OAK COURT lies on this distribution: 93% of detached houses are smaller than OAK COURT, and 7% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

OAK COURT: Plot and Title Map

OAK COURT sits on a plot of roughly 0.167 of an acre, or 676m². The below map shows the location of OAK COURT, 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 OAK COURT). 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 OAK COURT?

OAK COURT is located on RECTORY LANE in STEVENAGE, in the SG1 postcode district. The below map shows the position of OAK COURT on RECTORY LANE.