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
4 CASPIAN WAY is a small extended detached house of 94m², built sometime between 1976 and 1982. It was last sold for £275,000 in May 2023, which was around 33% below the average May 2023 detached price in the South Staffordshire local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 4 CASPIAN WAY 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 4 CASPIAN WAY sales were for below 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 |
---|---|---|---|
2023 26 MAY | £275,000 | £410,069 | 33% below HPI |
2006 24 FEB | £180,000 | £241,955 | 26% below HPI |
1997 27 NOV | £68,500 | £97,890 | 30% below 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 4 CASPIAN WAY sales between November 1997 and May 2023 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 February 2006 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2023 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.
4 CASPIAN WAY is 94m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 30% of detached houses in Wheaton Aston, based on EPC data. The below chart shows the distribution of detached houses by size in Wheaton Aston, and where 4 CASPIAN WAY lies on this distribution: 26% of detached houses are smaller than 4 CASPIAN WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Wheaton Aston.
4 CASPIAN WAY sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 4 CASPIAN 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 4 CASPIAN 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.
4 CASPIAN WAY is located in WHEATON ASTON, in the ST19 postcode district. The below map shows the position of No. 4 on CASPIAN WAY.