1, MEADOW CLOSE, PENKRIDGE, STAFFORD, ST19 5TY - £289,950

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 MEADOW CLOSE is a midsized detached house of 103m², built sometime between 1983 and 1990, which could now be worth an estimated £417,786. It was last sold for £289,950 in September 2016, which was around 2% below the average September 2016 detached price in the South Staffordshire local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

1 MEADOW CLOSE Sold Prices

Land registry data shows two sales for 1 MEADOW CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. One of the two 1 MEADOW CLOSE sales was for below the average price, whilst the other was for above 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
2016 28 SEP	£289,950	£294,547	2% below HPI
1999 31 MAR	£114,500	£108,225	6% above HPI

1 MEADOW CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The two 1 MEADOW CLOSE sales from March 1999 and September 2016 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 1999 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2016 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 1 MEADOW CLOSE be worth now?

1 MEADOW CLOSE might now be worth an estimated £417,786.

This is based on house price inflation of 44.1%, between September 2016 and March 2025, for 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 44.1% inflationary increase is applied to the most recent sale price for 1 MEADOW CLOSE of £289,950 on 28th September 2016. For the value to have increased from £289,950 to £417,786 over the nine years and six months to March 2025, the following assumptions must hold true:

• The value of 1 MEADOW CLOSE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The September 2016 sale price of £289,950 represented a fair market value for the property.
• The size, condition, and specification of 1 MEADOW CLOSE has not materially changed since September 2016.

How Large is 1 MEADOW CLOSE?

1 MEADOW CLOSE is 103m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 50% of detached houses houses in Penkridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Penkridge, and where 1 MEADOW CLOSE lies on this distribution: 46% of detached houses houses are smaller than 1 MEADOW CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Penkridge.

1 MEADOW CLOSE: Plot and Title Map

1 MEADOW CLOSE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 1 MEADOW CLOSE, 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 MEADOW CLOSE). 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 MEADOW CLOSE?

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