48, SHEARWATER CLOSE, STEVENAGE, SG2 9RX - £182,500

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.

48 SHEARWATER CLOSE is a very small extended terraced house of 45m², built sometime between 1983 and 1990, which could now be worth an estimated £234,050. It was last sold for £182,500 in August 2016, which was around 25% below the average August 2016 terraced price in the Stevenage local authority area. The most recent EPC inspection was December 2019, where the current energy rating was E, and the potential energy rating was B.

48 SHEARWATER CLOSE Sold Prices

Land registry data shows four sales for 48 SHEARWATER CLOSE 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 48 SHEARWATER CLOSE 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
2016 26 AUG	£182,500	£242,831	25% below HPI
2014 8 AUG	£142,000	£189,624	25% below HPI
2010 3 SEP	£123,000	£159,056	23% below HPI
1995 7 APR	£42,000	£44,029	5% below HPI

48 SHEARWATER CLOSE 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 48 SHEARWATER CLOSE sales between April 1995 and August 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 August 2014 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2016 sale, which was also at 25% below the HPI.

What might 48 SHEARWATER CLOSE be worth now?

48 SHEARWATER CLOSE might now be worth an estimated £234,050.

This is based on house price inflation of 28.2%, between August 2016 and July 2025, 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 28.2% inflationary increase is applied to the most recent sale price for 48 SHEARWATER CLOSE of £182,500 on 26th August 2016. For the value to have increased from £182,500 to £234,050 over the nine years and one month to July 2025, the following assumptions must hold true:

• The value of 48 SHEARWATER CLOSE has moved in line with the HPI for terraced houses in the Stevenage local authority area.
• The August 2016 sale price of £182,500 represented a fair market value for the property.
• The size, condition, and specification of 48 SHEARWATER CLOSE has not materially changed since August 2016.

How Large is 48 SHEARWATER CLOSE?

48 SHEARWATER CLOSE is 45m², which includes one extension, according to the EPC inspection conducted in December 2019. 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 48 SHEARWATER CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 48 SHEARWATER CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

48 SHEARWATER CLOSE: Plot and Title Map

48 SHEARWATER CLOSE sits on a plot of roughly 0.015 of an acre, or 59m². The below map shows the location of 48 SHEARWATER CLOSE, 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 48 SHEARWATER CLOSE). 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 48 SHEARWATER CLOSE?

48 SHEARWATER CLOSE is located in STEVENAGE, in the SG2 postcode district. The below map shows the position of No. 48 on SHEARWATER CLOSE.