5, BALFOUR GROVE, STAFFORD, ST16 1RE - £246,000

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.

5 BALFOUR GROVE is a large extended detached house of 126m², built sometime between 2003 and 2006, which could now be worth an estimated £356,697. It was last sold for £246,000 in June 2015, which was around 6% below the average June 2015 detached price in the Stafford local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.

5 BALFOUR GROVE Sold Prices

Land registry data shows four sales for 5 BALFOUR GROVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Stafford local authority area for the corresponding sale date. All of the four 5 BALFOUR GROVE 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
2015 29 JUN	£246,000	£260,542	6% below HPI
2013 8 MAR	£231,000	£239,049	3% below HPI
2009 7 AUG	£202,500	£230,737	12% below HPI
2005 25 FEB	£209,995	£221,122	5% below HPI

5 BALFOUR GROVE 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 four 5 BALFOUR GROVE sales between February 2005 and June 2015 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 March 2013 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the June 2015 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 5 BALFOUR GROVE be worth now?

5 BALFOUR GROVE might now be worth an estimated £356,697.

This is based on house price inflation of 45%, between June 2015 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 45% inflationary increase is applied to the most recent sale price for 5 BALFOUR GROVE of £246,000 on 29th June 2015. For the value to have increased from £246,000 to £356,697 over the ten years to June 2025, the following assumptions must hold true:

• The value of 5 BALFOUR GROVE has moved in line with the HPI for detached houses in the Stafford local authority area.
• The June 2015 sale price of £246,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BALFOUR GROVE has not materially changed since June 2015.

How Large is 5 BALFOUR GROVE?

5 BALFOUR GROVE is 126m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the largest 30% 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 5 BALFOUR GROVE lies on this distribution: 69% of detached houses houses are smaller than 5 BALFOUR GROVE, and 30% of houses are larger. Note that EPC data is not available for all properties in Stafford.

5 BALFOUR GROVE: Plot and Title Map

5 BALFOUR GROVE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 5 BALFOUR GROVE, 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 5 BALFOUR GROVE). 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 5 BALFOUR GROVE?

5 BALFOUR GROVE is located in STAFFORD, in the ST16 postcode district. The below map shows the position of No. 5 on BALFOUR GROVE.