11, LARA CLOSE, STAFFORD, ST16 1AP - £255,000

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

11 LARA CLOSE is a midsized detached house of 115m², built sometime between 1996 and 2002. It was last sold for £255,000 in August 2018, which was around 12% below the average August 2018 detached price in the Stafford local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was A.

11 LARA CLOSE Sold Prices

Land registry data shows three sales for 11 LARA CLOSE 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. Two of the three 11 LARA CLOSE sales were for below the average price, whilst one 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
2018 17 AUG	£255,000	£289,787	12% below HPI
2005 27 MAY	£213,500	£221,218	3% below HPI
1996 6 DEC	£90,500	£82,552	10% above HPI

11 LARA CLOSE 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 11 LARA CLOSE sales between December 1996 and August 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 May 2005 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2018 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 11 LARA CLOSE?

11 LARA CLOSE is 115m² according to the EPC inspection conducted in May 2014. This puts it in the largest 50% of detached houses in Stafford, based on EPC data. The below chart shows the distribution of detached houses by size in Stafford, and where 11 LARA CLOSE lies on this distribution: 55% of detached houses are smaller than 11 LARA CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Stafford.

11 LARA CLOSE: Plot and Title Map

11 LARA CLOSE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 11 LARA 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 11 LARA 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 11 LARA CLOSE?

11 LARA CLOSE is located in STAFFORD, in the ST16 postcode district. The below map shows the position of No. 11 on LARA CLOSE.