5, REED DRIVE, STAFFORD, ST16 1FE - £315,000

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 REED DRIVE is a small extended detached house of 99m², built sometime from 2012 onwards, which could now be worth an estimated £325,624. It was last sold for £315,000 in August 2024, which was around 16% below the average August 2024 detached price in the Stafford local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

5 REED DRIVE Sold Prices

Land registry data shows three sales for 5 REED DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Stafford local authority area for the corresponding sale date. All of the three 5 REED DRIVE 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
2024 23 AUG	£315,000	£373,923	16% below HPI
2021 31 AUG	£272,500	£328,845	17% below HPI
2013 24 MAY	£210,000	£238,000	12% below HPI

5 REED DRIVE 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 three 5 REED DRIVE sales between May 2013 and August 2024 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 2021 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2024 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 5 REED DRIVE be worth now?

5 REED DRIVE might now be worth an estimated £325,624.

This is based on house price inflation of 3.4%, between August 2024 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 3.4% inflationary increase is applied to the most recent sale price for 5 REED DRIVE of £315,000 on 23rd August 2024. For the value to have increased from £315,000 to £325,624 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of 5 REED DRIVE has moved in line with the HPI for detached houses in the Stafford local authority area.
• The August 2024 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 5 REED DRIVE has not materially changed since August 2024.

How Large is 5 REED DRIVE?

5 REED DRIVE is 99m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the smallest 40% 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 REED DRIVE lies on this distribution: 36% of detached houses houses are smaller than 5 REED DRIVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Stafford.

5 REED DRIVE: Plot and Title Map

5 REED DRIVE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 5 REED DRIVE, 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 REED DRIVE). 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 REED DRIVE?

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