Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
38 FRANCIS GREEN LANE is a very large extended detached house of 138m², built sometime between 1976 and 1982. It was last sold for £425,000 in May 2019, which was around 36% above the average May 2019 detached price in the South Staffordshire local authority area. The most recent EPC inspection was May 2012, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 38 FRANCIS GREEN LANE since 1st 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. All of the three 38 FRANCIS GREEN LANE sales were 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 |
---|---|---|---|
2019 8 MAY | £425,000 | £311,480 | 36% above HPI |
2003 1 APR | £220,000 | £190,064 | 16% above HPI |
1996 12 JUL | £110,000 | £90,530 | 22% above HPI |
The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The three 38 FRANCIS GREEN LANE sales between July 1996 and May 2019 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 April 2003 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the May 2019 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.
38 FRANCIS GREEN LANE is 138m², which includes two extensions, according to the EPC inspection conducted in May 2012. This puts it in the largest 20% of detached houses in Penkridge, based on EPC data. The below chart shows the distribution of detached houses by size in Penkridge, and where 38 FRANCIS GREEN LANE lies on this distribution: 81% of detached houses are smaller than 38 FRANCIS GREEN LANE, and 19% of houses are larger. Note that EPC data is not available for all properties in Penkridge.
38 FRANCIS GREEN LANE sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 38 FRANCIS GREEN 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 38 FRANCIS GREEN 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.
38 FRANCIS GREEN LANE is located in PENKRIDGE, in the ST19 postcode district. The below map shows the position of No. 38 on FRANCIS GREEN LANE.