3, RICHARDS AVENUE, STAFFORD, ST16 3FE - £237,000

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.

3 RICHARDS AVENUE is a midsized extended detached house of 111m², built sometime between 1991 and 1995, which could now be worth an estimated £285,854. It was last sold for £237,000 in February 2021, which was around 26% below the average February 2021 detached price in the Stafford local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was A.

3 RICHARDS AVENUE Sold Prices

Land registry data shows four sales for 3 RICHARDS AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Stafford local authority area for the corresponding sale date. Most of the four 3 RICHARDS AVENUE 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
2021 5 FEB	£237,000	£320,473	26% below HPI
2015 17 FEB	£219,550	£255,532	14% below HPI
2002 6 SEP	£147,250	£158,099	7% below HPI
1996 30 AUG	£81,500	£81,052	1% above HPI

3 RICHARDS AVENUE 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 four 3 RICHARDS AVENUE sales between August 1996 and February 2021 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 February 2015 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the February 2021 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 3 RICHARDS AVENUE be worth now?

3 RICHARDS AVENUE might now be worth an estimated £285,854.

This is based on house price inflation of 20.6%, between February 2021 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 20.6% inflationary increase is applied to the most recent sale price for 3 RICHARDS AVENUE of £237,000 on 5th February 2021. For the value to have increased from £237,000 to £285,854 over the four years to February 2025, the following assumptions must hold true:

• The value of 3 RICHARDS AVENUE has moved in line with the HPI for detached houses in the Stafford local authority area.
• The February 2021 sale price of £237,000 represented a fair market value for the property.
• The size, condition, and specification of 3 RICHARDS AVENUE has not materially changed since February 2021.

How Large is 3 RICHARDS AVENUE?

3 RICHARDS AVENUE is 111m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the largest 50% of detached houses houses in Stafford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stafford, and where 3 RICHARDS AVENUE lies on this distribution: 50% of detached houses houses are smaller than 3 RICHARDS AVENUE, and 49% of houses are larger. Note that EPC data is not available for all properties in Stafford.

3 RICHARDS AVENUE: Plot and Title Map

3 RICHARDS AVENUE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 3 RICHARDS 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 RICHARDS 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 RICHARDS AVENUE?

3 RICHARDS AVENUE is located in STAFFORD, in the ST16 postcode district. The below map shows the position of No. 3 on RICHARDS AVENUE.