24, SHAKESPEARE DRIVE, PENKRIDGE, STAFFORD, ST19 5PW - £295,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

24 SHAKESPEARE DRIVE is a small detached house of 88m². It was last sold for £295,000 in June 2023, which was around 29% below the average June 2023 detached price in the South Staffordshire local authority area. The most recent EPC inspection was October 2018, where the current energy rating was B, and the potential energy rating was A.

24 SHAKESPEARE DRIVE Sold Prices

Land registry data shows two sales for 24 SHAKESPEARE DRIVE 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 24 SHAKESPEARE DRIVE 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
2023 9 JUN	£295,000	£412,777	29% below HPI
2018 26 OCT	£265,000	£323,832	18% below HPI

24 SHAKESPEARE DRIVE 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 24 SHAKESPEARE DRIVE sales from October 2018 and June 2023 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 2018 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2023 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 24 SHAKESPEARE DRIVE be worth now?

24 SHAKESPEARE DRIVE might now be worth an estimated £320,192.

This is based on house price inflation of 8.5%, between June 2023 and December 2024, 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 8.5% inflationary increase is applied to the most recent sale price for 24 SHAKESPEARE DRIVE of £295,000 on 9th June 2023. For the value to have increased from £295,000 to £320,192 over the six months to December 2024, the following assumptions must hold true:

• The value of 24 SHAKESPEARE DRIVE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The June 2023 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 24 SHAKESPEARE DRIVE has not materially changed since June 2023.

How Large is 24 SHAKESPEARE DRIVE?

24 SHAKESPEARE DRIVE is 88m² according to the EPC inspection conducted in October 2018. 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 24 SHAKESPEARE DRIVE lies on this distribution: 21% of detached houses houses are smaller than 24 SHAKESPEARE DRIVE, and 76% of houses are larger. Note that EPC data is not available for all properties in Penkridge.

24 SHAKESPEARE DRIVE: Plot and Title Map

24 SHAKESPEARE DRIVE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 24 SHAKESPEARE DRIVE, 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 24 SHAKESPEARE DRIVE). 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 24 SHAKESPEARE DRIVE?

24 SHAKESPEARE DRIVE is located in PENKRIDGE, in the ST19 postcode district. The below map shows the position of No. 24 on SHAKESPEARE DRIVE.