9, LOMOND WAY, STEVENAGE, SG1 6AJ - £325,000

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.

9 LOMOND WAY is a very small extended terraced house of 79m², built sometime between 1996 and 2002, which could now be worth an estimated £359,739. It was last sold for £325,000 in July 2018, which was around 3% above the average July 2018 terraced price in the North Hertfordshire local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was B.

9 LOMOND WAY Sold Prices

Land registry data shows seven sales for 9 LOMOND WAY since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average terraced price in the North Hertfordshire local authority area for the corresponding sale date. The seven 9 LOMOND WAY sales were a mix of above the average price, roughly equal to the average price, and 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 12 JUL	£325,000	£315,557	3% above HPI
2012 23 MAR	£206,000	£206,243	Close to HPI
2007 7 DEC	£204,995	£205,747	Close to HPI
2006 8 MAR	£160,000	£177,851	10% below HPI
2002 26 APR	£132,000	£111,566	18% above HPI
1999 15 OCT	£110,000	£81,027	36% above HPI
1999 18 JUN	£99,500	£76,502	30% above HPI

9 LOMOND WAY 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 seven 9 LOMOND WAY sales between June 1999 and July 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 March 2012 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2018 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 9 LOMOND WAY be worth now?

9 LOMOND WAY might now be worth an estimated £359,739.

This is based on house price inflation of 10.7%, between July 2018 and June 2025, 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 10.7% inflationary increase is applied to the most recent sale price for 9 LOMOND WAY of £325,000 on 12th July 2018. For the value to have increased from £325,000 to £359,739 over the seven years and one month to June 2025, the following assumptions must hold true:

• The value of 9 LOMOND WAY has moved in line with the HPI for terraced houses in the North Hertfordshire local authority area.
• The July 2018 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 9 LOMOND WAY has not materially changed since July 2018.

How Large is 9 LOMOND WAY?

9 LOMOND WAY is 79m², which includes one extension, according to the EPC inspection conducted in November 2017. 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 9 LOMOND WAY lies on this distribution: 8% of terraced houses houses are smaller than 9 LOMOND WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

9 LOMOND WAY: Plot and Title Map

9 LOMOND WAY sits on a plot of roughly 0.036 of an acre, or 147m². The below map shows the location of 9 LOMOND WAY, 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 9 LOMOND WAY). 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 9 LOMOND WAY?

9 LOMOND WAY is located in STEVENAGE, in the SG1 postcode district. The below map shows the position of No. 9 on LOMOND WAY.