45, MICKLEWOOD CLOSE, PENKRIDGE, STAFFORD, ST19 5JE - £255,000

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.

45 MICKLEWOOD CLOSE is a small extended detached house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £350,357. It was last sold for £255,000 in December 2017, which was around 17% below the average December 2017 detached price in the South Staffordshire local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was C.

45 MICKLEWOOD CLOSE Sold Prices

Land registry data shows three sales for 45 MICKLEWOOD CLOSE since 1^st 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 45 MICKLEWOOD 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
2017 19 DEC	£255,000	£308,898	17% below HPI
2006 30 JUN	£221,995	£251,144	12% below HPI
2001 27 JUL	£98,000	£141,890	31% below HPI

45 MICKLEWOOD 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 three 45 MICKLEWOOD CLOSE sales between July 2001 and December 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 June 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2017 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 45 MICKLEWOOD CLOSE be worth now?

45 MICKLEWOOD CLOSE might now be worth an estimated £350,357.

This is based on house price inflation of 37.4%, between December 2017 and March 2025, for detached houses, in the South Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.4% inflationary increase is applied to the most recent sale price for 45 MICKLEWOOD CLOSE of £255,000 on 19th December 2017. For the value to have increased from £255,000 to £350,357 over the eight years and nine months to March 2025, the following assumptions must hold true:

• The value of 45 MICKLEWOOD CLOSE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The December 2017 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 45 MICKLEWOOD CLOSE has not materially changed since December 2017.

How Large is 45 MICKLEWOOD CLOSE?

45 MICKLEWOOD CLOSE is 87m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 30% of detached houses houses in Penkridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Penkridge, and where 45 MICKLEWOOD CLOSE lies on this distribution: 20% of detached houses houses are smaller than 45 MICKLEWOOD CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Penkridge.

45 MICKLEWOOD CLOSE: Plot and Title Map

45 MICKLEWOOD CLOSE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 45 MICKLEWOOD 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 45 MICKLEWOOD 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 45 MICKLEWOOD CLOSE?

45 MICKLEWOOD CLOSE is located in PENKRIDGE, in the ST19 postcode district. The below map shows the position of No. 45 on MICKLEWOOD CLOSE.