16, PENZANCE WAY, STAFFORD, ST17 0FL - £218,000

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.

16 PENZANCE WAY is a midsized detached house of 109m², built sometime between 2003 and 2006, which could now be worth an estimated £325,577. It was last sold for £218,000 in September 2014, which was around 16% below the average September 2014 detached price in the Stafford local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

16 PENZANCE WAY Sold Prices

Land registry data shows two sales for 16 PENZANCE 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 16 PENZANCE 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
2014 12 SEP	£218,000	£258,816	16% below HPI
2003 17 APR	£157,500	£172,054	8% below HPI

16 PENZANCE 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 16 PENZANCE WAY sales from April 2003 and September 2014 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 April 2003 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2014 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 16 PENZANCE WAY be worth now?

16 PENZANCE WAY might now be worth an estimated £325,577.

This is based on house price inflation of 49.3%, between September 2014 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 49.3% inflationary increase is applied to the most recent sale price for 16 PENZANCE WAY of £218,000 on 12th September 2014. For the value to have increased from £218,000 to £325,577 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of 16 PENZANCE WAY has moved in line with the HPI for detached houses in the Stafford local authority area.
• The September 2014 sale price of £218,000 represented a fair market value for the property.
• The size, condition, and specification of 16 PENZANCE WAY has not materially changed since September 2014.

How Large is 16 PENZANCE WAY?

16 PENZANCE WAY is 109m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 50% 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 16 PENZANCE WAY lies on this distribution: 47% of detached houses houses are smaller than 16 PENZANCE WAY, and 51% of houses are larger. Note that EPC data is not available for all properties in Stafford.

16 PENZANCE WAY: Plot and Title Map

16 PENZANCE WAY sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 16 PENZANCE 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 16 PENZANCE 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 16 PENZANCE WAY?

16 PENZANCE WAY is located in STAFFORD, in the ST17 postcode district. The below map shows the position of No. 16 on PENZANCE WAY.