28, WOOD LANE, STONE, ST15 0AP - £185,000

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.

28 WOOD LANE is a very small detached house of 56m², built sometime between 1967 and 1975, which could now be worth an estimated £246,469. It was last sold for £185,000 in May 2018, which was around 36% below the average May 2018 detached price in the Stafford local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

28 WOOD LANE Sold Prices

Land registry data shows two sales for 28 WOOD LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Stafford local authority area for the corresponding sale date. Both of the two 28 WOOD LANE 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
2018 8 MAY	£185,000	£290,133	36% below HPI
2017 10 MAR	£137,000	£283,973	52% below HPI

28 WOOD LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stafford local authority area over time, sourced from the HPI. The two 28 WOOD LANE sales from March 2017 and May 2018 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 March 2017 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the May 2018 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 28 WOOD LANE be worth now?

28 WOOD LANE might now be worth an estimated £246,469.

This is based on house price inflation of 33.2%, between May 2018 and February 2025, for detached houses, in the Stafford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.2% inflationary increase is applied to the most recent sale price for 28 WOOD LANE of £185,000 on 8th May 2018. For the value to have increased from £185,000 to £246,469 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 28 WOOD LANE has moved in line with the HPI for detached houses in the Stafford local authority area.
• The May 2018 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 28 WOOD LANE has not materially changed since May 2018.

How Large is 28 WOOD LANE?

28 WOOD LANE is 56m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 10% of detached houses houses in Stone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stone, and where 28 WOOD LANE lies on this distribution: 2% of detached houses houses are smaller than 28 WOOD LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Stone.

28 WOOD LANE: Plot and Title Map

28 WOOD LANE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 28 WOOD LANE, 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 28 WOOD LANE). 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 28 WOOD LANE?

28 WOOD LANE is located in STONE, in the ST15 postcode district. The below map shows the position of No. 28 on WOOD LANE.