16, VERNEY CLOSE, BRAMSHALL, UTTOXETER, ST14 5NJ - £149,000

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 VERNEY CLOSE is a very small detached house of 53m², built sometime between 1996 and 2002, which could now be worth an estimated £173,760. It was last sold for £149,000 in November 2020, which was around 49% below the average November 2020 detached price in the East Staffordshire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

16 VERNEY CLOSE Sold Prices

Land registry data shows five sales for 16 VERNEY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Staffordshire local authority area for the corresponding sale date. All of the five 16 VERNEY CLOSE 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
2020 20 NOV	£149,000	£293,819	49% below HPI
2015 22 DEC	£128,500	£235,443	45% below HPI
2005 6 MAY	£117,950	£197,716	40% below HPI
2004 30 JAN	£105,995	£171,110	38% below HPI
1996 18 OCT	£42,500	£72,734	42% below HPI

16 VERNEY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Staffordshire local authority area over time, sourced from the HPI. The five 16 VERNEY CLOSE sales between October 1996 and November 2020 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 2015 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the November 2020 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 16 VERNEY CLOSE be worth now?

16 VERNEY CLOSE might now be worth an estimated £173,760.

This is based on house price inflation of 16.6%, between November 2020 and February 2025, for detached houses, in the East Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.6% inflationary increase is applied to the most recent sale price for 16 VERNEY CLOSE of £149,000 on 20th November 2020. For the value to have increased from £149,000 to £173,760 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 16 VERNEY CLOSE has moved in line with the HPI for detached houses in the East Staffordshire local authority area.
• The November 2020 sale price of £149,000 represented a fair market value for the property.
• The size, condition, and specification of 16 VERNEY CLOSE has not materially changed since November 2020.

How Large is 16 VERNEY CLOSE?

16 VERNEY CLOSE is 53m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of detached houses houses in Bramshall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bramshall, and where 16 VERNEY CLOSE lies on this distribution: Less than 1% of detached houses houses are smaller than 16 VERNEY CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Bramshall.

16 VERNEY CLOSE: Plot and Title Map

16 VERNEY CLOSE sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 16 VERNEY CLOSE, 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 VERNEY CLOSE). 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 VERNEY CLOSE?

16 VERNEY CLOSE is located in BRAMSHALL, in the ST14 postcode district. The below map shows the position of No. 16 on VERNEY CLOSE.