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

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.

2 BITHAM CLOSE is a small extended detached house of 91m², built sometime between 1967 and 1975, which could now be worth an estimated £327,348. 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	£237,166	24% below HPI
2000 25 FEB	£86,000	£118,726	28% below HPI
1998 27 NOV	£73,500	£108,094	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 28% below the HPI. So the extrapolation line tracks at 28% 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.

What might 2 BITHAM CLOSE be worth now?

2 BITHAM CLOSE might now be worth an estimated £327,348.

This is based on house price inflation of 81.9%, between December 2004 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 81.9% inflationary increase is applied to the most recent sale price for 2 BITHAM CLOSE of £180,000 on 10th December 2004. For the value to have increased from £180,000 to £327,348 over the 21 years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 BITHAM CLOSE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The December 2004 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BITHAM CLOSE has not materially changed since December 2004.

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 houses in Penkridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Penkridge, and where 2 BITHAM CLOSE lies on this distribution: 26% of detached houses 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.