3, DRAKE AVENUE, PENKRIDGE, STAFFORD, ST19 5UA - £233,000

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 DRAKE AVENUE is a large detached house of 118m², built sometime between 1996 and 2002. It was last sold for £233,000 in October 2014, which was around 12% below the average October 2014 detached price in the South Staffordshire local authority area. The most recent EPC inspection was February 2009, where the current energy rating was C, and the potential energy rating was C.

3 DRAKE AVENUE Sold Prices

Land registry data shows three sales for 3 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. Two of the three 3 DRAKE AVENUE sales were for below the average price, whilst one was 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
2014 24 OCT	£233,000	£264,573	12% below HPI
2009 30 JUL	£215,000	£246,622	13% below HPI
2000 25 FEB	£124,000	£118,053	5% above HPI

3 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 3 DRAKE AVENUE sales between February 2000 and October 2014 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 July 2009 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2014 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 3 DRAKE AVENUE?

3 DRAKE AVENUE is 118m² according to the EPC inspection conducted in February 2009. This puts it in the largest 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 3 DRAKE AVENUE lies on this distribution: 68% of detached houses are smaller than 3 DRAKE AVENUE, and 32% of houses are larger. Note that EPC data is not available for all properties in Penkridge.

3 DRAKE AVENUE: Plot and Title Map

3 DRAKE AVENUE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 3 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 3 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 3 DRAKE AVENUE?

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