2, SPRENGERS CLOSE, PENKRIDGE, STAFFORD, ST19 5EE - £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 SPRENGERS CLOSE is a small extended detached house of 98m², built sometime between 1967 and 1975, which could now be worth an estimated £312,925. It was last sold for £180,000 in March 2013, which was around 26% below the average March 2013 detached price in the South Staffordshire local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

2 SPRENGERS CLOSE Sold Prices

Land registry data shows two sales for 2 SPRENGERS 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 2 SPRENGERS 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
2013 8 MAR	£180,000	£244,128	26% below HPI
1999 5 JUL	£90,000	£110,479	19% below HPI

2 SPRENGERS 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 2 SPRENGERS CLOSE sales from July 1999 and March 2013 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 July 1999 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2013 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 2 SPRENGERS CLOSE be worth now?

2 SPRENGERS CLOSE might now be worth an estimated £312,925.

This is based on house price inflation of 73.8%, between March 2013 and March 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 73.8% inflationary increase is applied to the most recent sale price for 2 SPRENGERS CLOSE of £180,000 on 8th March 2013. For the value to have increased from £180,000 to £312,925 over the twelve years to March 2025, the following assumptions must hold true:

• The value of 2 SPRENGERS CLOSE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The March 2013 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SPRENGERS CLOSE has not materially changed since March 2013.

How Large is 2 SPRENGERS CLOSE?

2 SPRENGERS CLOSE is 98m², which includes two extensions, according to the EPC inspection conducted in January 2013. This puts it in the smallest 40% 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 SPRENGERS CLOSE lies on this distribution: 34% of detached houses houses are smaller than 2 SPRENGERS CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Penkridge.

2 SPRENGERS CLOSE: Plot and Title Map

2 SPRENGERS CLOSE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 2 SPRENGERS 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 SPRENGERS 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 SPRENGERS CLOSE?

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