2, BITHAM CLOSE, PENKRIDGE, STAFFORD, ST19 5HT - £180,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 BITHAM CLOSE is a small extended detached house of 91m², built sometime between 1967 and 1975. It was last sold for £180,000 in December 2004, which was around 24% below the average December 2004 detached price in the South Staffordshire local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

2 BITHAM CLOSE Sold Prices

Land registry data shows three sales for 2 BITHAM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the three 2 BITHAM 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
2004 10 DEC	£180,000	£235,821	24% below HPI
2000 25 FEB	£86,000	£118,053	27% below HPI
1998 27 NOV	£73,500	£107,480	32% below HPI

2 BITHAM 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 three 2 BITHAM CLOSE sales between November 1998 and December 2004 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 February 2000 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2004 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 2 BITHAM CLOSE?

2 BITHAM CLOSE is 91m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the smallest 30% of detached houses in Penkridge, based on EPC data. The below chart shows the distribution of detached houses by size in Penkridge, and where 2 BITHAM CLOSE lies on this distribution: 26% of detached houses are smaller than 2 BITHAM CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Penkridge.

2 BITHAM CLOSE: Plot and Title Map

2 BITHAM CLOSE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 2 BITHAM 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 2 BITHAM 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 2 BITHAM CLOSE?

2 BITHAM CLOSE is located in PENKRIDGE, in the ST19 postcode district. The below map shows the position of No. 2 on BITHAM CLOSE.