15, BUNGHAM LANE, PENKRIDGE, STAFFORD, ST19 5NH - £243,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 BUNGHAM LANE is a small semi-detached house of 93m², built sometime between 1967 and 1975, which could now be worth an estimated £276,171. It was last sold for £243,000 in February 2024, which was around 1% above the average February 2024 semi-detached price in the South Staffordshire local authority area. The most recent EPC inspection was January 2016, where the current energy rating was E, and the potential energy rating was B.

15 BUNGHAM LANE Sold Prices

Land registry data shows two sales for 15 BUNGHAM LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Staffordshire local authority area for the corresponding sale date. One of the two 15 BUNGHAM LANE sales was for above the average price, whilst the other was 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
2024 29 FEB	£243,000	£241,387	1% above HPI
2015 16 OCT	£169,000	£170,191	1% below HPI

15 BUNGHAM LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The two 15 BUNGHAM LANE sales from October 2015 and February 2024 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 October 2015 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the February 2024 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 15 BUNGHAM LANE be worth now?

15 BUNGHAM LANE might now be worth an estimated £276,171.

This is based on house price inflation of 13.7%, between February 2024 and December 2024, for semi-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 13.7% inflationary increase is applied to the most recent sale price for 15 BUNGHAM LANE of £243,000 on 29th February 2024. For the value to have increased from £243,000 to £276,171 over the two months to December 2024, the following assumptions must hold true:

• The value of 15 BUNGHAM LANE has moved in line with the HPI for semi-detached houses in the South Staffordshire local authority area.
• The February 2024 sale price of £243,000 represented a fair market value for the property.
• The size, condition, and specification of 15 BUNGHAM LANE has not materially changed since February 2024.

How Large is 15 BUNGHAM LANE?

15 BUNGHAM LANE is 93m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 30% of semi-detached houses houses in Penkridge, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Penkridge, and where 15 BUNGHAM LANE lies on this distribution: 28% of semi-detached houses houses are smaller than 15 BUNGHAM LANE, and 71% of houses are larger. Note that EPC data is not available for all properties in Penkridge.

15 BUNGHAM LANE: Plot and Title Map

15 BUNGHAM LANE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 15 BUNGHAM LANE, 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 15 BUNGHAM LANE). 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 15 BUNGHAM LANE?

15 BUNGHAM LANE is located in PENKRIDGE, in the ST19 postcode district. The below map shows the position of No. 15 on BUNGHAM LANE.