17, NEWLANDS CLOSE, PENKRIDGE, STAFFORD, ST19 5JB - £395,000

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 NEWLANDS CLOSE is a midsized extended detached house of 109m², built sometime between 1976 and 1982, which could now be worth an estimated £404,285. It was last sold for £395,000 in October 2024, which was around 6% below the average October 2024 detached price in the South Staffordshire local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

17 NEWLANDS CLOSE Sold Prices

Land registry data shows two sales for 17 NEWLANDS 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 NEWLANDS 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
2024 18 OCT	£395,000	£421,404	6% below HPI
1996 25 OCT	£74,000	£91,142	19% below HPI

17 NEWLANDS 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 NEWLANDS CLOSE sales from October 1996 and October 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 1996 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2024 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 17 NEWLANDS CLOSE be worth now?

17 NEWLANDS CLOSE might now be worth an estimated £404,285.

This is based on house price inflation of 2.4%, between October 2024 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 2.4% inflationary increase is applied to the most recent sale price for 17 NEWLANDS CLOSE of £395,000 on 18th October 2024. For the value to have increased from £395,000 to £404,285 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 17 NEWLANDS CLOSE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The October 2024 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 17 NEWLANDS CLOSE has not materially changed since October 2024.

How Large is 17 NEWLANDS CLOSE?

17 NEWLANDS CLOSE is 109m², which includes two extensions, according to the EPC inspection conducted in July 2024. This puts it in the largest 50% 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 NEWLANDS CLOSE lies on this distribution: 53% of detached houses houses are smaller than 17 NEWLANDS CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Penkridge.

17 NEWLANDS CLOSE: Plot and Title Map

17 NEWLANDS CLOSE sits on a plot of roughly 0.144 of an acre, or 582m². The below map shows the location of 17 NEWLANDS 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 NEWLANDS 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 NEWLANDS CLOSE?

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