5, SPREADOAKS DRIVE, STAFFORD, ST17 4RP - £240,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 SPREADOAKS DRIVE is a very small detached house of 74m², built sometime between 1967 and 1975. It was last sold for £240,000 in November 2023, which was around 33% below the average November 2023 detached price in the Stafford local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

5 SPREADOAKS DRIVE Sold Prices

Land registry data shows two sales for 5 SPREADOAKS DRIVE 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 SPREADOAKS 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
2023 30 NOV	£240,000	£359,420	33% below HPI
2015 11 DEC	£170,000	£259,755	35% below HPI

5 SPREADOAKS 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 two 5 SPREADOAKS DRIVE sales from December 2015 and November 2023 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 December 2015 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2023 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 5 SPREADOAKS DRIVE?

5 SPREADOAKS DRIVE is 74m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of detached houses in Stafford, based on EPC data. The below chart shows the distribution of detached houses by size in Stafford, and where 5 SPREADOAKS DRIVE lies on this distribution: 10% of detached houses are smaller than 5 SPREADOAKS DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Stafford.

5 SPREADOAKS DRIVE: Plot and Title Map

5 SPREADOAKS DRIVE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 5 SPREADOAKS 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 SPREADOAKS 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 SPREADOAKS DRIVE?

5 SPREADOAKS DRIVE is located in STAFFORD, in the ST17 postcode district. The below map shows the position of No. 5 on SPREADOAKS DRIVE.