10, PENZANCE WAY, STAFFORD, ST17 0FL - £285,000

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.

10 PENZANCE WAY is a large detached house of 134m², built sometime between 1996 and 2002, which could now be worth an estimated £408,849. It was last sold for £285,000 in November 2015, which was around 6% above the average November 2015 detached price in the Stafford local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

10 PENZANCE WAY Sold Prices

Land registry data shows two sales for 10 PENZANCE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Stafford local authority area for the corresponding sale date. Both of the two 10 PENZANCE WAY 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
2015 27 NOV	£285,000	£269,445	6% above HPI
2003 7 FEB	£190,000	£163,830	16% above HPI

10 PENZANCE WAY 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 two 10 PENZANCE WAY sales from February 2003 and November 2015 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 February 2003 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the November 2015 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 10 PENZANCE WAY be worth now?

10 PENZANCE WAY might now be worth an estimated £408,849.

This is based on house price inflation of 43.5%, between November 2015 and February 2025, for detached houses, in the Stafford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 43.5% inflationary increase is applied to the most recent sale price for 10 PENZANCE WAY of £285,000 on 27th November 2015. For the value to have increased from £285,000 to £408,849 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 10 PENZANCE WAY has moved in line with the HPI for detached houses in the Stafford local authority area.
• The November 2015 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 10 PENZANCE WAY has not materially changed since November 2015.

How Large is 10 PENZANCE WAY?

10 PENZANCE WAY is 134m² according to the EPC inspection conducted in July 2015. This puts it in the largest 30% of detached houses houses in Stafford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stafford, and where 10 PENZANCE WAY lies on this distribution: 75% of detached houses houses are smaller than 10 PENZANCE WAY, and 24% of houses are larger. Note that EPC data is not available for all properties in Stafford.

10 PENZANCE WAY: Plot and Title Map

10 PENZANCE WAY sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 10 PENZANCE WAY, 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 10 PENZANCE WAY). 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 10 PENZANCE WAY?

10 PENZANCE WAY is located in STAFFORD, in the ST17 postcode district. The below map shows the position of No. 10 on PENZANCE WAY.