17, MEADOW CLOSE, PENKRIDGE, STAFFORD, ST19 5TY - £415,000

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.

17 MEADOW CLOSE is a very large extended detached house of 159m², built sometime between 1996 and 2002, which could now be worth an estimated £552,182. It was last sold for £415,000 in November 2018, which was around 28% above the average November 2018 detached price in the South Staffordshire local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

17 MEADOW CLOSE Sold Prices

Land registry data shows two sales for 17 MEADOW CLOSE 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 17 MEADOW CLOSE 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
2018 9 NOV	£415,000	£324,157	28% above HPI
1999 30 APR	£146,000	£106,448	37% above HPI

17 MEADOW CLOSE 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 17 MEADOW CLOSE sales from April 1999 and November 2018 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 1999 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the November 2018 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 17 MEADOW CLOSE be worth now?

17 MEADOW CLOSE might now be worth an estimated £552,182.

This is based on house price inflation of 33.1%, between November 2018 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 33.1% inflationary increase is applied to the most recent sale price for 17 MEADOW CLOSE of £415,000 on 9th November 2018. For the value to have increased from £415,000 to £552,182 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 17 MEADOW CLOSE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The November 2018 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 17 MEADOW CLOSE has not materially changed since November 2018.

How Large is 17 MEADOW CLOSE?

17 MEADOW CLOSE is 159m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the largest 20% 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 17 MEADOW CLOSE lies on this distribution: 89% of detached houses houses are smaller than 17 MEADOW CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Penkridge.

17 MEADOW CLOSE: Plot and Title Map

17 MEADOW CLOSE sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 17 MEADOW 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 17 MEADOW 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 17 MEADOW CLOSE?

17 MEADOW CLOSE is located in PENKRIDGE, in the ST19 postcode district. The below map shows the position of No. 17 on MEADOW CLOSE.