4, MAGELLAN CLOSE, STEVENAGE, SG2 0NF - £143,500

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.

4 MAGELLAN CLOSE is a semi-detached house, which could now be worth an estimated £339,262. It was last sold for £143,500 in March 2003, which was around 15% below the average March 2003 semi-detached price in the Stevenage local authority area.

4 MAGELLAN CLOSE Sold Prices

Land registry data shows two sales for 4 MAGELLAN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Stevenage local authority area for the corresponding sale date. Both of the two 4 MAGELLAN 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
2003 28 MAR	£143,500	£168,658	15% below HPI
2000 29 MAR	£70,000	£96,058	27% below HPI

What might 4 MAGELLAN CLOSE be worth now?

4 MAGELLAN CLOSE might now be worth an estimated £339,262.

This is based on house price inflation of 136.4%, between March 2003 and May 2026, for semi-detached 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 136.4% inflationary increase is applied to the most recent sale price for 4 MAGELLAN CLOSE of £143,500 on 28th March 2003. For the value to have increased from £143,500 to £339,262 over the 22 years and ten months to May 2026, the following assumptions must hold true:

• The value of 4 MAGELLAN CLOSE has moved in line with the HPI for semi-detached houses in the Stevenage local authority area.
• The March 2003 sale price of £143,500 represented a fair market value for the property.
• The size, condition, and specification of 4 MAGELLAN CLOSE has not materially changed since March 2003.

Where is 4 MAGELLAN CLOSE?

4 MAGELLAN CLOSE is located in STEVENAGE, in the SG2 postcode district.