1, BUNGHAM LANE, PENKRIDGE, STAFFORD, ST19 5NH - £165,000

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.

1 BUNGHAM LANE is a very small extended semi-detached house of 82m², built sometime between 1967 and 1975, which could now be worth an estimated £234,378. It was last sold for £165,000 in June 2017, which was around 11% below the average June 2017 semi-detached price in the South Staffordshire local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

1 BUNGHAM LANE Sold Prices

Land registry data shows three sales for 1 BUNGHAM LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the South Staffordshire local authority area for the corresponding sale date. All of the three 1 BUNGHAM LANE 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
2017 30 JUN	£165,000	£185,315	11% below HPI
2005 14 JAN	£136,000	£150,095	9% below HPI
1996 2 FEB	£47,500	£53,048	10% below HPI

1 BUNGHAM LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The three 1 BUNGHAM LANE sales between February 1996 and June 2017 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 January 2005 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the June 2017 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 1 BUNGHAM LANE be worth now?

1 BUNGHAM LANE might now be worth an estimated £234,378.

This is based on house price inflation of 42%, between June 2017 and February 2025, for semi-detached houses, in the South Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42% inflationary increase is applied to the most recent sale price for 1 BUNGHAM LANE of £165,000 on 30th June 2017. For the value to have increased from £165,000 to £234,378 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of 1 BUNGHAM LANE has moved in line with the HPI for semi-detached houses in the South Staffordshire local authority area.
• The June 2017 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BUNGHAM LANE has not materially changed since June 2017.

How Large is 1 BUNGHAM LANE?

1 BUNGHAM LANE is 82m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 20% of semi-detached houses houses in Penkridge, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Penkridge, and where 1 BUNGHAM LANE lies on this distribution: 15% of semi-detached houses houses are smaller than 1 BUNGHAM LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Penkridge.

1 BUNGHAM LANE: Plot and Title Map

1 BUNGHAM LANE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 1 BUNGHAM LANE, 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 1 BUNGHAM LANE). 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 1 BUNGHAM LANE?

1 BUNGHAM LANE is located in PENKRIDGE, in the ST19 postcode district. The below map shows the position of No. 1 on BUNGHAM LANE.