23, NEW PARK LANE, ASTON, STEVENAGE, SG2 7ED - £690,000

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.

23 NEW PARK LANE is a large extended detached house of 235m², built sometime between 2003 and 2006, which could now be worth an estimated £1,231,518. It was last sold for £690,000 in November 2011, which was around 39% above the average November 2011 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was December 2009, where the current energy rating was C, and the potential energy rating was C.

23 NEW PARK LANE Sold Prices

Land registry data shows two sales for 23 NEW PARK LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Hertfordshire local authority area for the corresponding sale date. One of the two 23 NEW PARK LANE sales was for above the average price, whilst the other was 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
2011 18 NOV	£690,000	£496,445	39% above HPI
2002 12 SEP	£322,500	£366,187	12% below HPI

23 NEW PARK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hertfordshire local authority area over time, sourced from the HPI. The two 23 NEW PARK LANE sales from September 2002 and November 2011 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 September 2002 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2011 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 23 NEW PARK LANE be worth now?

23 NEW PARK LANE might now be worth an estimated £1,231,518.

This is based on house price inflation of 78.5%, between November 2011 and July 2026, for detached houses, in the East Hertfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 78.5% inflationary increase is applied to the most recent sale price for 23 NEW PARK LANE of £690,000 on 18th November 2011. For the value to have increased from £690,000 to £1,231,518 over the fifteen years and four months to July 2026, the following assumptions must hold true:

• The value of 23 NEW PARK LANE has moved in line with the HPI for detached houses in the East Hertfordshire local authority area.
• The November 2011 sale price of £690,000 represented a fair market value for the property.
• The size, condition, and specification of 23 NEW PARK LANE has not materially changed since November 2011.

How Large is 23 NEW PARK LANE?

23 NEW PARK LANE is 235m², which includes two extensions, according to the EPC inspection conducted in December 2009. This puts it in the largest 30% of detached houses houses in Aston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Aston, and where 23 NEW PARK LANE lies on this distribution: 71% of detached houses houses are smaller than 23 NEW PARK LANE, and 29% of houses are larger. Note that EPC data is not available for all properties in Aston.

23 NEW PARK LANE: Plot and Title Map

23 NEW PARK LANE sits on a plot of roughly 0.252 of an acre, or 1,021m². The below map shows the location of 23 NEW PARK LANE, 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 23 NEW PARK LANE). 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 23 NEW PARK LANE?

23 NEW PARK LANE is located in ASTON, in the SG2 postcode district. The below map shows the position of No. 23 on NEW PARK LANE.