12, RHEIN WAY, STAFFORD, ST17 4XZ - £247,000

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

12 RHEIN WAY is a very small extended detached house of 79m², built sometime between 1996 and 2002. It was last sold for £247,000 in December 2022, which was around 32% below the average December 2022 detached price in the Stafford local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

12 RHEIN WAY Sold Prices

Land registry data shows four sales for 12 RHEIN WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Stafford local authority area for the corresponding sale date. All of the four 12 RHEIN WAY 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
2022 9 DEC	£247,000	£363,068	32% below HPI
2016 29 JAN	£185,000	£256,085	28% below HPI
2014 31 JAN	£166,000	£239,981	31% below HPI
2004 1 JUN	£150,000	£200,355	25% below HPI

12 RHEIN 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 four 12 RHEIN WAY sales between June 2004 and December 2022 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 January 2016 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2022 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 12 RHEIN WAY?

12 RHEIN WAY is 79m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the smallest 20% of detached houses in Stafford, based on EPC data. The below chart shows the distribution of detached houses by size in Stafford, and where 12 RHEIN WAY lies on this distribution: 14% of detached houses are smaller than 12 RHEIN WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Stafford.

12 RHEIN WAY: Plot and Title Map

12 RHEIN WAY sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 12 RHEIN 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 12 RHEIN 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 12 RHEIN WAY?

12 RHEIN WAY is located in STAFFORD, in the ST17 postcode district. The below map shows the position of No. 12 on RHEIN WAY.