15, CHERRYBROOK DRIVE, PENKRIDGE, STAFFORD, ST19 5EA - £485,000

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.

15 CHERRYBROOK DRIVE is a very large extended detached house of 176m², built sometime between 1991 and 1995, which could now be worth an estimated £499,487. It was last sold for £485,000 in November 2022, which was around 16% above the average November 2022 detached price in the South Staffordshire local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was C.

15 CHERRYBROOK DRIVE Sold Prices

Land registry data shows two sales for 15 CHERRYBROOK DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. Both of the two 15 CHERRYBROOK DRIVE sales were 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
2022 4 NOV	£485,000	£418,800	16% above HPI
1996 2 DEC	£95,950	£93,082	3% above HPI

15 CHERRYBROOK DRIVE 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 two 15 CHERRYBROOK DRIVE sales from December 1996 and November 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 December 1996 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the November 2022 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 15 CHERRYBROOK DRIVE be worth now?

15 CHERRYBROOK DRIVE might now be worth an estimated £499,487.

This is based on house price inflation of 3%, between November 2022 and February 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 3% inflationary increase is applied to the most recent sale price for 15 CHERRYBROOK DRIVE of £485,000 on 4th November 2022. For the value to have increased from £485,000 to £499,487 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 15 CHERRYBROOK DRIVE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The November 2022 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 15 CHERRYBROOK DRIVE has not materially changed since November 2022.

How Large is 15 CHERRYBROOK DRIVE?

15 CHERRYBROOK DRIVE is 176m², which includes two extensions, according to the EPC inspection conducted in July 2022. This puts it in the largest 10% 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 15 CHERRYBROOK DRIVE lies on this distribution: 94% of detached houses houses are smaller than 15 CHERRYBROOK DRIVE, and 6% of houses are larger. Note that EPC data is not available for all properties in Penkridge.

15 CHERRYBROOK DRIVE: Plot and Title Map

15 CHERRYBROOK DRIVE sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 15 CHERRYBROOK DRIVE, 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 CHERRYBROOK DRIVE). 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 CHERRYBROOK DRIVE?

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