56, REED DRIVE, STAFFORD, ST16 1FE - £282,500

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

56 REED DRIVE is a large detached house of 124m². It was last sold for £282,500 in July 2019, which was around 3% below the average July 2019 detached price in the Stafford local authority area. The most recent EPC inspection was October 2013, where the current energy rating was B, and the potential energy rating was B.

56 REED DRIVE Sold Prices

Land registry data shows two sales for 56 REED 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. One of the two 56 REED DRIVE sales was for below the average price, whilst the other was for above 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
2019 24 JUL	£282,500	£291,757	3% below HPI
2014 6 JUN	£249,995	£240,074	4% above HPI

56 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 two 56 REED DRIVE sales from June 2014 and July 2019 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 2014 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2019 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 56 REED DRIVE?

56 REED DRIVE is 124m² according to the EPC inspection conducted in October 2013. This puts it in the largest 40% of detached houses in Stafford, based on EPC data. The below chart shows the distribution of detached houses by size in Stafford, and where 56 REED DRIVE lies on this distribution: 66% of detached houses are smaller than 56 REED DRIVE, and 32% of houses are larger. Note that EPC data is not available for all properties in Stafford.

56 REED DRIVE: Plot and Title Map

56 REED DRIVE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 56 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 56 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 56 REED DRIVE?

56 REED DRIVE is located in STAFFORD, in the ST16 postcode district. The below map shows the position of No. 56 on REED DRIVE.