3, CHESTNUT GROVE, PENKRIDGE, STAFFORD, ST19 5LX - £245,000

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

3 CHESTNUT GROVE is a very large detached house of 180m², built sometime between 1996 and 2002. It was last sold for £245,000 in January 2003, which was around 34% above the average January 2003 detached price in the South Staffordshire local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was C.

3 CHESTNUT GROVE Sold Prices

Land registry data shows two sales for 3 CHESTNUT GROVE 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 3 CHESTNUT GROVE sales were for above 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
2003 6 JAN	£245,000	£183,023	34% above HPI
1998 16 NOV	£165,000	£107,480	54% above HPI

3 CHESTNUT GROVE 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 3 CHESTNUT GROVE sales from November 1998 and January 2003 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 November 1998 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the January 2003 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 3 CHESTNUT GROVE?

3 CHESTNUT GROVE is 180m² according to the EPC inspection conducted in August 2016. This puts it in the largest 10% of detached houses in Penkridge, based on EPC data. The below chart shows the distribution of detached houses by size in Penkridge, and where 3 CHESTNUT GROVE lies on this distribution: 94% of detached houses are smaller than 3 CHESTNUT GROVE, and 6% of houses are larger. Note that EPC data is not available for all properties in Penkridge.

3 CHESTNUT GROVE: Plot and Title Map

3 CHESTNUT GROVE sits on a plot of roughly 0.126 of an acre, or 512m². The below map shows the location of 3 CHESTNUT GROVE, 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 3 CHESTNUT GROVE). 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 3 CHESTNUT GROVE?

3 CHESTNUT GROVE is located in PENKRIDGE, in the ST19 postcode district. The below map shows the position of No. 3 on CHESTNUT GROVE.