5, ELY CLOSE, STEVENAGE, SG1 4NN - £48,000

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.

5 ELY CLOSE is a terraced house, which could now be worth an estimated £277,803. It was last sold for £48,000 in December 1997, which was around 12% below the average December 1997 terraced price in the Stevenage local authority area.

5 ELY CLOSE Sold Prices

Land registry data shows one sale for 5 ELY CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Stevenage local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
1997 5 DEC	£48,000	£54,561	12% below HPI

What might 5 ELY CLOSE be worth now?

5 ELY CLOSE might now be worth an estimated £277,803.

This is based on house price inflation of 478.8%, between December 1997 and April 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 478.8% inflationary increase is applied to the most recent sale price for 5 ELY CLOSE of £48,000 on 5th December 1997. For the value to have increased from £48,000 to £277,803 over the 29 years and eight months to April 2026, the following assumptions must hold true:

• The value of 5 ELY CLOSE has moved in line with the HPI for terraced houses in the Stevenage local authority area.
• The December 1997 sale price of £48,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ELY CLOSE has not materially changed since December 1997.

Where is 5 ELY CLOSE?

5 ELY CLOSE is located in STEVENAGE, in the SG1 postcode district.