31, DRAKE AVENUE, PENKRIDGE, STAFFORD, ST19 5UA - £178,000

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

31 DRAKE AVENUE is a very small detached house of 77m², built sometime between 1996 and 2002. It was last sold for £178,000 in November 2003, which was around 16% below the average November 2003 detached price in the South Staffordshire local authority area. The most recent EPC inspection was December 2009, where the current energy rating was D, and the potential energy rating was C.

31 DRAKE AVENUE Sold Prices

Land registry data shows two sales for 31 DRAKE AVENUE 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 31 DRAKE 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
2003 3 NOV	£178,000	£212,430	16% below HPI
2001 16 FEB	£118,000	£130,129	9% below HPI

31 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 two 31 DRAKE AVENUE sales from February 2001 and November 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 February 2001 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2003 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 31 DRAKE AVENUE?

31 DRAKE AVENUE is 77m² according to the EPC inspection conducted in December 2009. This puts it in the smallest 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 31 DRAKE AVENUE lies on this distribution: 7% of detached houses are smaller than 31 DRAKE AVENUE, and 93% of houses are larger. Note that EPC data is not available for all properties in Penkridge.

31 DRAKE AVENUE: Plot and Title Map

31 DRAKE AVENUE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 31 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 31 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 31 DRAKE AVENUE?

31 DRAKE AVENUE is located in PENKRIDGE, in the ST19 postcode district. The below map shows the position of No. 31 on DRAKE AVENUE.