3, CRESSEY CLOSE, STONE, ST15 8ZT - £284,000

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

3 CRESSEY CLOSE is a very large detached house of 177m², built sometime between 2003 and 2006, which could now be worth an estimated £441,483. It was last sold for £284,000 in October 2012, which was around 17% above the average October 2012 detached price in the Stafford local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

3 CRESSEY CLOSE Sold Prices

Land registry data shows two sales for 3 CRESSEY 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 Stafford local authority area for the corresponding sale date. Both of the two 3 CRESSEY CLOSE 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
2012 12 OCT	£284,000	£242,356	17% above HPI
2004 30 JAN	£289,000	£197,750	46% above HPI

3 CRESSEY CLOSE 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 3 CRESSEY CLOSE sales from January 2004 and October 2012 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 January 2004 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the October 2012 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 3 CRESSEY CLOSE be worth now?

3 CRESSEY CLOSE might now be worth an estimated £441,483.

This is based on house price inflation of 55.5%, between October 2012 and December 2024, 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 55.5% inflationary increase is applied to the most recent sale price for 3 CRESSEY CLOSE of £284,000 on 12th October 2012. For the value to have increased from £284,000 to £441,483 over the eleven years and ten months to December 2024, the following assumptions must hold true:

• The value of 3 CRESSEY CLOSE has moved in line with the HPI for detached houses in the Stafford local authority area.
• The October 2012 sale price of £284,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CRESSEY CLOSE has not materially changed since October 2012.

How Large is 3 CRESSEY CLOSE?

3 CRESSEY CLOSE is 177m² according to the EPC inspection conducted in December 2022. This puts it in the largest 20% 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 3 CRESSEY CLOSE lies on this distribution: 89% of detached houses houses are smaller than 3 CRESSEY CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Stone.

3 CRESSEY CLOSE: Plot and Title Map

3 CRESSEY CLOSE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 3 CRESSEY 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 3 CRESSEY 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 3 CRESSEY CLOSE?

3 CRESSEY CLOSE is located in STONE, in the ST15 postcode district. The below map shows the position of No. 3 on CRESSEY CLOSE.