1, SPRINGVALE RISE, STAFFORD, ST16 1TE - £250,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 SPRINGVALE RISE is a very small detached house of 53m², built sometime between 1967 and 1975. It was last sold for £250,000 in June 2023, which was around 30% below the average June 2023 detached price in the Stafford local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

1 SPRINGVALE RISE Sold Prices

Land registry data shows three sales for 1 SPRINGVALE RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Stafford local authority area for the corresponding sale date. All of the three 1 SPRINGVALE RISE 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
2023 20 JUN	£250,000	£358,930	30% below HPI
2018 5 SEP	£175,000	£289,353	40% below HPI
2007 31 OCT	£156,000	£251,424	38% below HPI

1 SPRINGVALE RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stafford local authority area over time, sourced from the HPI. The three 1 SPRINGVALE RISE sales between October 2007 and June 2023 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 September 2018 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the June 2023 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 1 SPRINGVALE RISE?

1 SPRINGVALE RISE is 53m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 10% of detached houses in Stafford, based on EPC data. The below chart shows the distribution of detached houses by size in Stafford, and where 1 SPRINGVALE RISE lies on this distribution: 1% of detached houses are smaller than 1 SPRINGVALE RISE, and 99% of houses are larger. Note that EPC data is not available for all properties in Stafford.

1 SPRINGVALE RISE: Plot and Title Map

1 SPRINGVALE RISE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 1 SPRINGVALE RISE, 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 SPRINGVALE RISE). 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 SPRINGVALE RISE?

1 SPRINGVALE RISE is located in STAFFORD, in the ST16 postcode district. The below map shows the position of No. 1 on SPRINGVALE RISE.