41, FILANCE LANE, PENKRIDGE, STAFFORD, ST19 5HJ - £227,000

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

41 FILANCE LANE is a very small detached house of 44m², built sometime between 1967 and 1975. It was last sold for £227,000 in September 2017, which was around 27% below the average September 2017 detached price in the South Staffordshire local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

41 FILANCE LANE Sold Prices

Land registry data shows two sales for 41 FILANCE LANE 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 41 FILANCE LANE 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
2017 21 SEP	£227,000	£310,951	27% below HPI
1998 21 JAN	£74,000	£98,598	25% below HPI

41 FILANCE LANE 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 41 FILANCE LANE sales from January 1998 and September 2017 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 January 1998 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2017 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 41 FILANCE LANE?

41 FILANCE LANE is 44m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of detached houses in Penkridge, based on EPC data. The below chart shows the distribution of detached houses by size in Penkridge, and where 41 FILANCE LANE lies on this distribution: Less than 1% of detached houses are smaller than 41 FILANCE LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Penkridge.

41 FILANCE LANE: Plot and Title Map

41 FILANCE LANE sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of 41 FILANCE 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 41 FILANCE 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.

Where is 41 FILANCE LANE?

41 FILANCE LANE is located in PENKRIDGE, in the ST19 postcode district. The below map shows the position of No. 41 on FILANCE LANE.