8A, MAGELLAN CLOSE, STEVENAGE, SG2 0NF - £390,000

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.

8A MAGELLAN CLOSE is a very large semi-detached house of 118m², built in 2021, which could now be worth an estimated £391,974. It was last sold for £390,000 in June 2023, which was around 2% below the average June 2023 semi-detached price in the Stevenage local authority area. The most recent EPC inspection was July 2021, where the current energy rating was B, and the potential energy rating was A.

8A MAGELLAN CLOSE Sold Prices

Land registry data shows one sale for 8A MAGELLAN CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached 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
2023 30 JUN	£390,000	£396,862	2% below HPI

What might 8A MAGELLAN CLOSE be worth now?

8A MAGELLAN CLOSE might now be worth an estimated £391,974.

This is based on house price inflation of 0.5%, between June 2023 and April 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 0.5% inflationary increase is applied to the most recent sale price for 8A MAGELLAN CLOSE of £390,000 on 30th June 2023. For the value to have increased from £390,000 to £391,974 over the three years and two months to April 2026, the following assumptions must hold true:

• The value of 8A MAGELLAN CLOSE has moved in line with the HPI for semi-detached houses in the Stevenage local authority area.
• The June 2023 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 8A MAGELLAN CLOSE has not materially changed since June 2023.

How Large is 8A MAGELLAN CLOSE?

8A MAGELLAN CLOSE is 118m² according to the EPC inspection conducted in July 2021. This puts it in the largest 20% of semi-detached houses in Stevenage, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Stevenage, and where 8A MAGELLAN CLOSE lies on this distribution: 86% of semi-detached houses are smaller than 8A MAGELLAN CLOSE, and 13% of semi-detached houses are larger. Note that EPC data is not available for all properties in Stevenage.

8A MAGELLAN CLOSE: Plot

8A MAGELLAN CLOSE sits on a plot of roughly 0.064 of an acre, or 259m².

Where is 8A MAGELLAN CLOSE?

8A MAGELLAN CLOSE is located in STEVENAGE, in the SG2 postcode district.