53, WHEATLANDS, STEVENAGE, SG2 0JT - £120,000

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.

53 WHEATLANDS is a very small terraced house of 35m², built sometime between 1991 and 1995, which could now be worth an estimated £259,315. It was last sold for £120,000 in September 2005, which was around 18% below the average September 2005 terraced price in the Stevenage local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

53 WHEATLANDS Sold Prices

Land registry data shows four sales for 53 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 53 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
2005 2 SEP	£120,000	£145,761	18% below HPI
2001 27 JUL	£64,995	£80,538	19% below HPI
2000 4 MAY	£58,000	£73,737	21% below HPI
1998 25 JUN	£47,000	£59,893	22% below HPI

53 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 53 WHEATLANDS sales between June 1998 and September 2005 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 July 2001 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2005 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 53 WHEATLANDS be worth now?

53 WHEATLANDS might now be worth an estimated £259,315.

This is based on house price inflation of 116.1%, between September 2005 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 116.1% inflationary increase is applied to the most recent sale price for 53 WHEATLANDS of £120,000 on 2nd September 2005. For the value to have increased from £120,000 to £259,315 over the 21 years and four months to May 2026, the following assumptions must hold true:

• The value of 53 WHEATLANDS has moved in line with the HPI for terraced houses in the Stevenage local authority area.
• The September 2005 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 53 WHEATLANDS has not materially changed since September 2005.

How Large is 53 WHEATLANDS?

53 WHEATLANDS is 35m² according to the EPC inspection conducted in July 2010. 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 53 WHEATLANDS lies on this distribution: Less than 1% of terraced houses houses are smaller than 53 WHEATLANDS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

53 WHEATLANDS: Plot and Title Map

53 WHEATLANDS sits on a plot of roughly 0.033 of an acre, or 132m². The below map shows the location of 53 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 53 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 53 WHEATLANDS?

53 WHEATLANDS is located in STEVENAGE, in the SG2 postcode district. The below map shows the position of No. 53 on WHEATLANDS.