33, PENZANCE WAY, STAFFORD, ST17 0FL - £161,500

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.

33 PENZANCE WAY is a very small semi-detached house of 65m², built sometime between 1991 and 1995, which could now be worth an estimated £212,869. It was last sold for £161,500 in December 2018, which was around 12% below the average December 2018 semi-detached price in the Stafford local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

33 PENZANCE WAY Sold Prices

Land registry data shows three sales for 33 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. The three 33 PENZANCE WAY 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
2018 7 DEC	£161,500	£184,174	12% below HPI
2010 12 AUG	£149,000	£149,380	Close to HPI
2004 6 SEP	£137,950	£137,437	Close to HPI

33 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 33 PENZANCE WAY sales between September 2004 and December 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 August 2010 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2018 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 33 PENZANCE WAY be worth now?

33 PENZANCE WAY might now be worth an estimated £212,869.

This is based on house price inflation of 31.8%, between December 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 31.8% inflationary increase is applied to the most recent sale price for 33 PENZANCE WAY of £161,500 on 7th December 2018. For the value to have increased from £161,500 to £212,869 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 33 PENZANCE WAY has moved in line with the HPI for semi-detached houses in the Stafford local authority area.
• The December 2018 sale price of £161,500 represented a fair market value for the property.
• The size, condition, and specification of 33 PENZANCE WAY has not materially changed since December 2018.

How Large is 33 PENZANCE WAY?

33 PENZANCE WAY is 65m² according to the EPC inspection conducted in June 2017. 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 33 PENZANCE WAY lies on this distribution: 4% of semi-detached houses houses are smaller than 33 PENZANCE WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Stafford.

33 PENZANCE WAY: Plot and Title Map

33 PENZANCE WAY sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 33 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 33 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 33 PENZANCE WAY?

33 PENZANCE WAY is located in STAFFORD, in the ST17 postcode district. The below map shows the position of No. 33 on PENZANCE WAY.