4, PROSPECT PLACE, STAFFORD, ST17 4HZ - £158,000

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.

4 PROSPECT PLACE is a midsized extended detached house of 114m², built sometime between 2003 and 2006, which could now be worth an estimated £242,219. It was last sold for £158,000 in June 2014, which was around 36% below the average June 2014 detached price in the Stafford local authority area. The most recent EPC inspection was February 2009, where the current energy rating was C, and the potential energy rating was C.

4 PROSPECT PLACE Sold Prices

Land registry data shows three sales for 4 PROSPECT PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Stafford local authority area for the corresponding sale date. All of the three 4 PROSPECT PLACE 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
2014 27 JUN	£158,000	£246,429	36% below HPI
2009 18 DEC	£175,000	£234,663	25% below HPI
2004 8 APR	£149,950	£194,332	23% below HPI

4 PROSPECT PLACE 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 three 4 PROSPECT PLACE sales between April 2004 and June 2014 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 December 2009 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2014 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 4 PROSPECT PLACE be worth now?

4 PROSPECT PLACE might now be worth an estimated £242,219.

This is based on house price inflation of 53.3%, between June 2014 and June 2025, for 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 53.3% inflationary increase is applied to the most recent sale price for 4 PROSPECT PLACE of £158,000 on 27th June 2014. For the value to have increased from £158,000 to £242,219 over the eleven years to June 2025, the following assumptions must hold true:

• The value of 4 PROSPECT PLACE has moved in line with the HPI for detached houses in the Stafford local authority area.
• The June 2014 sale price of £158,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PROSPECT PLACE has not materially changed since June 2014.

How Large is 4 PROSPECT PLACE?

4 PROSPECT PLACE is 114m², which includes one extension, according to the EPC inspection conducted in February 2009. This puts it in the largest 50% of detached houses houses in Stafford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stafford, and where 4 PROSPECT PLACE lies on this distribution: 54% of detached houses houses are smaller than 4 PROSPECT PLACE, and 46% of houses are larger. Note that EPC data is not available for all properties in Stafford.

4 PROSPECT PLACE: Plot and Title Map

4 PROSPECT PLACE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 4 PROSPECT PLACE, 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 PROSPECT PLACE). 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 4 PROSPECT PLACE?

4 PROSPECT PLACE is located in STAFFORD, in the ST17 postcode district. The below map shows the position of No. 4 on PROSPECT PLACE.