22, WHEATLANDS, STEVENAGE, SG2 0JT - £195,000

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.

22 WHEATLANDS is a very small terraced house of 45m², built sometime between 1983 and 1990, which could now be worth an estimated £241,564. It was last sold for £195,000 in May 2018, which was around 23% below the average May 2018 terraced price in the Stevenage local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

22 WHEATLANDS Sold Prices

Land registry data shows four sales for 22 WHEATLANDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Stevenage local authority area for the corresponding sale date. All of the four 22 WHEATLANDS sales were for below 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
2018 25 MAY	£195,000	£254,267	23% below HPI
2012 1 JUN	£124,000	£160,673	23% below HPI
2006 2 AUG	£122,000	£151,609	20% below HPI
1999 24 JUN	£46,500	£61,273	24% below HPI

22 WHEATLANDS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Stevenage local authority area over time, sourced from the HPI. The four 22 WHEATLANDS sales between June 1999 and May 2018 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 June 2012 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2018 sale, which was also at 23% below the HPI.

What might 22 WHEATLANDS be worth now?

22 WHEATLANDS might now be worth an estimated £241,564.

This is based on house price inflation of 23.9%, between May 2018 and May 2026, for terraced 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 23.9% inflationary increase is applied to the most recent sale price for 22 WHEATLANDS of £195,000 on 25th May 2018. For the value to have increased from £195,000 to £241,564 over the eight years to May 2026, the following assumptions must hold true:

• The value of 22 WHEATLANDS has moved in line with the HPI for terraced houses in the Stevenage local authority area.
• The May 2018 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 22 WHEATLANDS has not materially changed since May 2018.

How Large is 22 WHEATLANDS?

22 WHEATLANDS is 45m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 10% of terraced houses houses in Stevenage, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Stevenage, and where 22 WHEATLANDS lies on this distribution: Less than 1% of terraced houses houses are smaller than 22 WHEATLANDS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

22 WHEATLANDS: Plot and Title Map

22 WHEATLANDS sits on a plot of roughly 0.023 of an acre, or 93m². The below map shows the location of 22 WHEATLANDS, 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 22 WHEATLANDS). 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 22 WHEATLANDS?

22 WHEATLANDS is located in STEVENAGE, in the SG2 postcode district. The below map shows the position of No. 22 on WHEATLANDS.