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
56A CASTLE BANK is a very large extended detached house of 272m², built sometime between 1983 and 1990. It was last sold for £865,000 in February 2023, which was around 138% above the average February 2023 detached price in the Stafford local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 56A CASTLE BANK since 1st 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. Two of the three 56A CASTLE BANK sales were for above the average price, whilst one was 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 22 FEB | £865,000 | £363,474 | 138% above HPI |
2005 2 SEP | £425,000 | £225,921 | 88% above HPI |
1997 28 FEB | £35,000 | £80,811 | 57% below HPI |
The below graph shows the average detached house price in the Stafford local authority area over time, sourced from the HPI. The three 56A CASTLE BANK sales between February 1997 and February 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 September 2005 sale was for 88% above the HPI. So the extrapolation line tracks at 88% above the HPI over time, until the February 2023 sale, where it rises to 138% above the HPI. The line then continues to track at 138% above the HPI.
56A CASTLE BANK is 272m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 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 56A CASTLE BANK lies on this distribution: More than 99% of detached houses are smaller than 56A CASTLE BANK, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Stafford.
56A CASTLE BANK sits on a plot of roughly 0.315 of an acre, or 1,273m². The below map shows the location of 56A CASTLE BANK, 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 56A CASTLE BANK). 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.
56A CASTLE BANK is located in STAFFORD, in the ST16 postcode district. The below map shows the position of No. 56A on CASTLE BANK.