31, PENZANCE WAY, STAFFORD, ST17 0FL - £164,000

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.

31 PENZANCE WAY is a very small extended semi-detached house of 68m², built sometime between 1991 and 1995, which could now be worth an estimated £216,273. It was last sold for £164,000 in October 2018, which was around 11% below the average October 2018 semi-detached price in the Stafford local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

31 PENZANCE WAY Sold Prices

Land registry data shows three sales for 31 PENZANCE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Stafford local authority area for the corresponding sale date. Two of the three 31 PENZANCE WAY 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
2018 26 OCT	£164,000	£184,081	11% below HPI
2013 5 JUL	£135,000	£149,325	10% below HPI
2005 17 JUN	£142,000	£138,940	2% above HPI

31 PENZANCE WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Stafford local authority area over time, sourced from the HPI. The three 31 PENZANCE WAY sales between June 2005 and October 2018 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 2013 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2018 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 31 PENZANCE WAY be worth now?

31 PENZANCE WAY might now be worth an estimated £216,273.

This is based on house price inflation of 31.9%, between October 2018 and February 2025, for semi-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 31.9% inflationary increase is applied to the most recent sale price for 31 PENZANCE WAY of £164,000 on 26th October 2018. For the value to have increased from £164,000 to £216,273 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 31 PENZANCE WAY has moved in line with the HPI for semi-detached houses in the Stafford local authority area.
• The October 2018 sale price of £164,000 represented a fair market value for the property.
• The size, condition, and specification of 31 PENZANCE WAY has not materially changed since October 2018.

How Large is 31 PENZANCE WAY?

31 PENZANCE WAY is 68m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 10% of semi-detached houses houses in Stafford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stafford, and where 31 PENZANCE WAY lies on this distribution: 6% of semi-detached houses houses are smaller than 31 PENZANCE WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Stafford.

31 PENZANCE WAY: Plot and Title Map

31 PENZANCE WAY sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 31 PENZANCE WAY, 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 PENZANCE WAY). 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 PENZANCE WAY?

31 PENZANCE WAY is located in STAFFORD, in the ST17 postcode district. The below map shows the position of No. 31 on PENZANCE WAY.