12, THAMES WAY, STAFFORD, ST17 9AZ - £230,000

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.

12 THAMES WAY is a small extended detached house of 89m², built sometime between 1983 and 1990, which could now be worth an estimated £277,411. It was last sold for £230,000 in February 2021, which was around 28% below the average February 2021 detached price in the Stafford local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

12 THAMES WAY Sold Prices

Land registry data shows two sales for 12 THAMES 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 12 THAMES 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
2021 2 FEB	£230,000	£320,473	28% below HPI
2019 30 AUG	£185,000	£300,785	38% below HPI

12 THAMES 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 12 THAMES WAY sales from August 2019 and February 2021 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 August 2019 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the February 2021 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 12 THAMES WAY be worth now?

12 THAMES WAY might now be worth an estimated £277,411.

This is based on house price inflation of 20.6%, between February 2021 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 20.6% inflationary increase is applied to the most recent sale price for 12 THAMES WAY of £230,000 on 2nd February 2021. For the value to have increased from £230,000 to £277,411 over the four years to February 2025, the following assumptions must hold true:

• The value of 12 THAMES WAY has moved in line with the HPI for detached houses in the Stafford local authority area.
• The February 2021 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 12 THAMES WAY has not materially changed since February 2021.

How Large is 12 THAMES WAY?

12 THAMES WAY is 89m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the smallest 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 12 THAMES WAY lies on this distribution: 24% of detached houses houses are smaller than 12 THAMES WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Stafford.

12 THAMES WAY: Plot and Title Map

12 THAMES WAY sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 12 THAMES 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 THAMES 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 THAMES WAY?

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