3, THE BEACONS, STEVENAGE, SG1 6EB - £390,000

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.

3 THE BEACONS is a large extended terraced house of 128m², built sometime between 1996 and 2002, which could now be worth an estimated £523,981. It was last sold for £390,000 in March 2016, which was around 40% above the average March 2016 terraced price in the North Hertfordshire local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

3 THE BEACONS Sold Prices

Land registry data shows two sales for 3 THE BEACONS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the North Hertfordshire local authority area for the corresponding sale date. Both of the two 3 THE BEACONS 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
2016 31 MAR	£390,000	£278,493	40% above HPI
2003 16 MAY	£232,500	£142,385	63% above HPI

3 THE BEACONS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Hertfordshire local authority area over time, sourced from the HPI. The two 3 THE BEACONS sales from May 2003 and March 2016 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 May 2003 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the March 2016 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 3 THE BEACONS be worth now?

3 THE BEACONS might now be worth an estimated £523,981.

This is based on house price inflation of 34.4%, between March 2016 and May 2026, for terraced houses, in the North Hertfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34.4% inflationary increase is applied to the most recent sale price for 3 THE BEACONS of £390,000 on 31st March 2016. For the value to have increased from £390,000 to £523,981 over the nine years and ten months to May 2026, the following assumptions must hold true:

• The value of 3 THE BEACONS has moved in line with the HPI for terraced houses in the North Hertfordshire local authority area.
• The March 2016 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE BEACONS has not materially changed since March 2016.

How Large is 3 THE BEACONS?

3 THE BEACONS is 128m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the largest 40% 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 3 THE BEACONS lies on this distribution: 61% of terraced houses houses are smaller than 3 THE BEACONS, and 38% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

3 THE BEACONS: Plot and Title Map

3 THE BEACONS sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 3 THE BEACONS, 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 3 THE BEACONS). 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 3 THE BEACONS?

3 THE BEACONS is located in STEVENAGE, in the SG1 postcode district. The below map shows the position of No. 3 on THE BEACONS.