38, REED DRIVE, STAFFORD, ST16 1FE - £268,000

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

38 REED DRIVE is a large detached house of 127m², built sometime from 2012 onwards. It was last sold for £268,000 in June 2016, which was about the average June 2016 detached price in the Stafford local authority area. The most recent EPC inspection was September 2024, where the current energy rating was C, and the potential energy rating was B.

38 REED DRIVE Sold Prices

Land registry data shows two sales for 38 REED DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Stafford local authority area for the corresponding sale date. One of the two 38 REED DRIVE sales was roughly equal to the average price, whilst the other 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
2016 17 JUN	£268,000	£268,086	Close to HPI
2014 3 APR	£264,995	£238,318	11% above HPI

38 REED DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stafford local authority area over time, sourced from the HPI. The two 38 REED DRIVE sales from April 2014 and June 2016 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 2014 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the June 2016 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 38 REED DRIVE?

38 REED DRIVE is 127m² according to the EPC inspection conducted in September 2024. This puts it in the largest 30% of detached houses in Stafford, based on EPC data. The below chart shows the distribution of detached houses by size in Stafford, and where 38 REED DRIVE lies on this distribution: 71% of detached houses are smaller than 38 REED DRIVE, and 29% of houses are larger. Note that EPC data is not available for all properties in Stafford.

38 REED DRIVE: Plot and Title Map

38 REED DRIVE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 38 REED DRIVE, 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 REED DRIVE). 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 38 REED DRIVE?

38 REED DRIVE is located in STAFFORD, in the ST16 postcode district. The below map shows the position of No. 38 on REED DRIVE.