3, OTHELLO GROVE, PENKRIDGE, STAFFORD, ST19 5TU - £350,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 OTHELLO GROVE is a midsized detached house of 109m². It was last sold for £350,000 in March 2023, which was around 14% below the average March 2023 detached price in the South Staffordshire local authority area. The most recent EPC inspection was May 2019, where the current energy rating was B, and the potential energy rating was A.

3 OTHELLO GROVE Sold Prices

Land registry data shows two sales for 3 OTHELLO 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 OTHELLO GROVE 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
2023 31 MAR	£350,000	£409,008	14% below HPI
2019 10 OCT	£285,000	£332,663	14% below HPI

3 OTHELLO 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 OTHELLO GROVE sales from October 2019 and March 2023 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 October 2019 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2023 sale, which was also at 14% below the HPI.

How Large is 3 OTHELLO GROVE?

3 OTHELLO GROVE is 109m² according to the EPC inspection conducted in May 2019. This puts it in the largest 50% 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 OTHELLO GROVE lies on this distribution: 52% of detached houses are smaller than 3 OTHELLO GROVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Penkridge.

3 OTHELLO GROVE: Plot and Title Map

3 OTHELLO GROVE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 3 OTHELLO 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 OTHELLO 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 OTHELLO GROVE?

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