5, MEAKIN CLOSE, STONE, ST15 8YA - £199,950

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 MEAKIN CLOSE is a very small detached house of 80m², built sometime between 1983 and 1990, which could now be worth an estimated £319,048. It was last sold for £199,950 in October 2006, which was around 17% below the average October 2006 detached price in the Stafford local authority area. The most recent EPC inspection was January 2009, where the current energy rating was D, and the potential energy rating was C.

5 MEAKIN CLOSE Sold Prices

Land registry data shows two sales for 5 MEAKIN 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 Stafford local authority area for the corresponding sale date. Both of the two 5 MEAKIN 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
2006 20 OCT	£199,950	£242,244	17% below HPI
2001 13 AUG	£106,750	£129,335	17% below HPI

5 MEAKIN CLOSE 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 two 5 MEAKIN CLOSE sales from August 2001 and October 2006 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 August 2001 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2006 sale, which was also at 17% below the HPI.

What might 5 MEAKIN CLOSE be worth now?

5 MEAKIN CLOSE might now be worth an estimated £319,048.

This is based on house price inflation of 59.6%, between October 2006 and February 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 59.6% inflationary increase is applied to the most recent sale price for 5 MEAKIN CLOSE of £199,950 on 20th October 2006. For the value to have increased from £199,950 to £319,048 over the nineteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 MEAKIN CLOSE has moved in line with the HPI for detached houses in the Stafford local authority area.
• The October 2006 sale price of £199,950 represented a fair market value for the property.
• The size, condition, and specification of 5 MEAKIN CLOSE has not materially changed since October 2006.

How Large is 5 MEAKIN CLOSE?

5 MEAKIN CLOSE is 80m² according to the EPC inspection conducted in January 2009. This puts it in the smallest 20% of detached houses houses in Stone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stone, and where 5 MEAKIN CLOSE lies on this distribution: 17% of detached houses houses are smaller than 5 MEAKIN CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Stone.

5 MEAKIN CLOSE: Plot and Title Map

5 MEAKIN CLOSE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 5 MEAKIN 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 5 MEAKIN 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 5 MEAKIN CLOSE?

5 MEAKIN CLOSE is located in STONE, in the ST15 postcode district. The below map shows the position of No. 5 on MEAKIN CLOSE.