32, FILANCE LANE, PENKRIDGE, STAFFORD, ST19 5JT - £275,000

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

32 FILANCE LANE is a midsized detached house of 108m², built sometime between 1967 and 1975. It was last sold for £275,000 in March 2017, which was around 7% below the average March 2017 detached price in the South Staffordshire local authority area. The most recent EPC inspection was March 2009, where the current energy rating was E, and the potential energy rating was D.

32 FILANCE LANE Sold Prices

Land registry data shows three sales for 32 FILANCE LANE 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. The three 32 FILANCE LANE sales were a mix of below the average price, and roughly equal to 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
2017 30 MAR	£275,000	£296,692	7% below HPI
2009 10 JUN	£243,000	£242,092	Close to HPI
2002 9 AUG	£168,000	£168,470	Close to HPI

32 FILANCE LANE 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 32 FILANCE LANE sales between August 2002 and March 2017 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 June 2009 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the March 2017 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 32 FILANCE LANE?

32 FILANCE LANE is 108m² according to the EPC inspection conducted in March 2009. 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 32 FILANCE LANE lies on this distribution: 51% of detached houses are smaller than 32 FILANCE LANE, and 49% of houses are larger. Note that EPC data is not available for all properties in Penkridge.

32 FILANCE LANE: Plot and Title Map

32 FILANCE LANE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 32 FILANCE LANE, 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 32 FILANCE LANE). 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 32 FILANCE LANE?

32 FILANCE LANE is located in PENKRIDGE, in the ST19 postcode district. The below map shows the position of No. 32 on FILANCE LANE.