1, NURSERY DRIVE, PENKRIDGE, STAFFORD, ST19 5SJ - £345,000

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 NURSERY DRIVE is a large extended detached house of 117m², built sometime between 1983 and 1990, which could now be worth an estimated £456,316. It was last sold for £345,000 in March 2018, which was around 8% above the average March 2018 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 NURSERY DRIVE Sold Prices

Land registry data shows two sales for 1 NURSERY DRIVE 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. Both of the two 1 NURSERY DRIVE sales were 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
2018 2 MAR	£345,000	£320,877	8% above HPI
1997 27 JUN	£119,000	£97,849	22% above HPI

1 NURSERY DRIVE 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 NURSERY DRIVE sales from June 1997 and March 2018 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 June 1997 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the March 2018 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 1 NURSERY DRIVE be worth now?

1 NURSERY DRIVE might now be worth an estimated £456,316.

This is based on house price inflation of 32.3%, between March 2018 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 32.3% inflationary increase is applied to the most recent sale price for 1 NURSERY DRIVE of £345,000 on 2nd March 2018. For the value to have increased from £345,000 to £456,316 over the seven years to March 2025, the following assumptions must hold true:

• The value of 1 NURSERY DRIVE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The March 2018 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 1 NURSERY DRIVE has not materially changed since March 2018.

How Large is 1 NURSERY DRIVE?

1 NURSERY DRIVE is 117m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the largest 40% 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 NURSERY DRIVE lies on this distribution: 65% of detached houses houses are smaller than 1 NURSERY DRIVE, and 32% of houses are larger. Note that EPC data is not available for all properties in Penkridge.

1 NURSERY DRIVE: Plot and Title Map

1 NURSERY DRIVE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 1 NURSERY DRIVE, 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 NURSERY DRIVE). 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 NURSERY DRIVE?

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