2, MEADOW CLOSE, PENKRIDGE, STAFFORD, ST19 5TY - £210,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 MEADOW CLOSE is a very small detached house of 83m², built sometime between 1996 and 2002. It was last sold for £210,000 in November 2009, which was around 19% below the average November 2009 detached price in the South Staffordshire local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

2 MEADOW CLOSE Sold Prices

Land registry data shows four sales for 2 MEADOW CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the four 2 MEADOW 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
2009 6 NOV	£210,000	£259,137	19% below HPI
2003 16 DEC	£187,000	£213,973	13% below HPI
2003 25 FEB	£170,000	£182,668	7% below HPI
1999 26 FEB	£90,000	£105,035	14% below HPI

2 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 four 2 MEADOW CLOSE sales between February 1999 and November 2009 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 2003 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2009 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 2 MEADOW CLOSE?

2 MEADOW CLOSE is 83m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 20% 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 MEADOW CLOSE lies on this distribution: 16% of detached houses are smaller than 2 MEADOW CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Penkridge.

2 MEADOW CLOSE: Plot and Title Map

2 MEADOW CLOSE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 2 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 2 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 2 MEADOW CLOSE?

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