27, DRAKE AVENUE, PENKRIDGE, STAFFORD, ST19 5UA - £333,000

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

27 DRAKE AVENUE is a small extended detached house of 97m², built sometime between 1996 and 2002. It was last sold for £333,000 in November 2021, which was around 12% below the average November 2021 detached price in the South Staffordshire local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

27 DRAKE AVENUE Sold Prices

Land registry data shows three sales for 27 DRAKE AVENUE 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 27 DRAKE AVENUE 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
2021 26 NOV	£333,000	£378,123	12% below HPI
2006 30 JUN	£196,000	£249,719	22% below HPI
2000 20 OCT	£116,000	£129,131	10% below HPI

27 DRAKE AVENUE 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 27 DRAKE AVENUE sales between October 2000 and November 2021 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 June 2006 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 27 DRAKE AVENUE?

27 DRAKE AVENUE is 97m², which includes two extensions, according to the EPC inspection conducted in August 2021. This puts it in the smallest 40% of detached houses in Penkridge, based on EPC data. The below chart shows the distribution of detached houses by size in Penkridge, and where 27 DRAKE AVENUE lies on this distribution: 32% of detached houses are smaller than 27 DRAKE AVENUE, and 67% of houses are larger. Note that EPC data is not available for all properties in Penkridge.

27 DRAKE AVENUE: Plot and Title Map

27 DRAKE AVENUE sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 27 DRAKE AVENUE, 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 27 DRAKE AVENUE). 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 27 DRAKE AVENUE?

27 DRAKE AVENUE is located in PENKRIDGE, in the ST19 postcode district. The below map shows the position of No. 27 on DRAKE AVENUE.