40, FRANCIS CLOSE, PENKRIDGE, STAFFORD, ST19 5HP - £312,000

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

40 FRANCIS CLOSE is a large detached house of 132m², built sometime between 1967 and 1975. It was last sold for £312,000 in January 2021, which was around 14% below the average January 2021 detached price in the South Staffordshire local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was C.

40 FRANCIS CLOSE Sold Prices

Land registry data shows two sales for 40 FRANCIS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. Both of the two 40 FRANCIS CLOSE 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
2021 8 JAN	£312,000	£362,035	14% below HPI
2010 21 OCT	£243,000	£260,330	7% below HPI

40 FRANCIS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The two 40 FRANCIS CLOSE sales from October 2010 and January 2021 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 October 2010 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the January 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 40 FRANCIS CLOSE?

40 FRANCIS CLOSE is 132m² according to the EPC inspection conducted in June 2020. This puts it in the largest 30% of detached houses in Penkridge, based on EPC data. The below chart shows the distribution of detached houses by size in Penkridge, and where 40 FRANCIS CLOSE lies on this distribution: 77% of detached houses are smaller than 40 FRANCIS CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Penkridge.

40 FRANCIS CLOSE: Plot and Title Map

40 FRANCIS CLOSE sits on a plot of roughly 0.127 of an acre, or 513m². The below map shows the location of 40 FRANCIS CLOSE, 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 40 FRANCIS CLOSE). 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 40 FRANCIS CLOSE?

40 FRANCIS CLOSE is located in PENKRIDGE, in the ST19 postcode district. The below map shows the position of No. 40 on FRANCIS CLOSE.