41, MARSH LANE, PENKRIDGE, STAFFORD, ST19 5BP - £485,000

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 MARSH LANE is a very large extended detached house of 137m², built sometime between 1950 and 1966. It was last sold for £485,000 in December 2020, which was around 36% above the average December 2020 detached price in the South Staffordshire local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.

41 MARSH LANE Sold Prices

Land registry data shows two sales for 41 MARSH 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 MARSH LANE sales were 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
2020 16 DEC	£485,000	£357,786	36% above HPI
2003 4 JUL	£249,995	£205,187	22% above HPI

41 MARSH 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 MARSH LANE sales from July 2003 and December 2020 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 July 2003 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the December 2020 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is 41 MARSH LANE?

41 MARSH LANE is 137m², which includes two extensions, according to the EPC inspection conducted in March 2020. This puts it in the largest 20% 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 MARSH LANE lies on this distribution: 80% of detached houses are smaller than 41 MARSH LANE, and 20% of houses are larger. Note that EPC data is not available for all properties in Penkridge.

41 MARSH LANE: Plot and Title Map

41 MARSH LANE sits on a plot of roughly 0.232 of an acre, or 940m². The below map shows the location of 41 MARSH 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 MARSH 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 MARSH LANE?

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