2, MALVERN CLOSE, STEVENAGE, SG2 8UH - £225,000

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.

2 MALVERN CLOSE is a detached house, which could now be worth an estimated £694,223. It was last sold for £225,000 in December 2001, which was around 7% above the average December 2001 detached price in the Stevenage local authority area.

2 MALVERN CLOSE Sold Prices

Land registry data shows two sales for 2 MALVERN CLOSE 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 2 MALVERN 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
2001 7 DEC	£225,000	£210,283	7% above HPI
1997 14 MAR	£127,500	£110,011	16% above HPI

What might 2 MALVERN CLOSE be worth now?

2 MALVERN CLOSE might now be worth an estimated £694,223.

This is based on house price inflation of 208.5%, between December 2001 and May 2026, 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 208.5% inflationary increase is applied to the most recent sale price for 2 MALVERN CLOSE of £225,000 on 7th December 2001. For the value to have increased from £225,000 to £694,223 over the 25 years and seven months to May 2026, the following assumptions must hold true:

• The value of 2 MALVERN CLOSE has moved in line with the HPI for detached houses in the Stevenage local authority area.
• The December 2001 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MALVERN CLOSE has not materially changed since December 2001.

Where is 2 MALVERN CLOSE?

2 MALVERN CLOSE is located in STEVENAGE, in the SG2 postcode district.