12, THE SAPLINGS, PENKRIDGE, STAFFORD, ST19 5DE - £294,500

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 THE SAPLINGS is a small detached house of 100m², built sometime between 1967 and 1975, which could now be worth an estimated £371,902. It was last sold for £294,500 in November 2019, which was around 12% below the average November 2019 detached price in the South Staffordshire local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

12 THE SAPLINGS Sold Prices

Land registry data shows four sales for 12 THE SAPLINGS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. The four 12 THE SAPLINGS sales were a mix of below the average price, and roughly equal to 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
2019 29 NOV	£294,500	£336,080	12% below HPI
2014 10 JAN	£220,000	£250,415	12% below HPI
2003 4 JUL	£177,500	£206,358	14% below HPI
1996 28 AUG	£92,000	£91,920	Close to HPI

12 THE SAPLINGS Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The four 12 THE SAPLINGS sales between August 1996 and November 2019 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 2014 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2019 sale, which was also at 12% below the HPI.

What might 12 THE SAPLINGS be worth now?

12 THE SAPLINGS might now be worth an estimated £371,902.

This is based on house price inflation of 26.3%, between November 2019 and March 2025, for detached houses, in the South Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.3% inflationary increase is applied to the most recent sale price for 12 THE SAPLINGS of £294,500 on 29th November 2019. For the value to have increased from £294,500 to £371,902 over the six years and eight months to March 2025, the following assumptions must hold true:

• The value of 12 THE SAPLINGS has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The November 2019 sale price of £294,500 represented a fair market value for the property.
• The size, condition, and specification of 12 THE SAPLINGS has not materially changed since November 2019.

How Large is 12 THE SAPLINGS?

12 THE SAPLINGS is 100m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 40% of detached houses houses in Penkridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Penkridge, and where 12 THE SAPLINGS lies on this distribution: 37% of detached houses houses are smaller than 12 THE SAPLINGS, and 58% of houses are larger. Note that EPC data is not available for all properties in Penkridge.

12 THE SAPLINGS: Plot and Title Map

12 THE SAPLINGS sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 12 THE SAPLINGS, 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 THE SAPLINGS). 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 THE SAPLINGS?

12 THE SAPLINGS is located in PENKRIDGE, in the ST19 postcode district. The below map shows the position of No. 12 on THE SAPLINGS.