59, MARSH LANE, PENKRIDGE, STAFFORD, ST19 5BP - £130,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

59 MARSH LANE is a small extended detached house of 94m², built sometime between 1967 and 1975. It was last sold for £130,000 in December 2022, which was around 69% below the average December 2022 detached price in the South Staffordshire local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

59 MARSH LANE Sold Prices

Land registry data shows two sales for 59 MARSH LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. Both of the two 59 MARSH LANE 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
2022 5 DEC	£130,000	£417,568	69% below HPI
2013 28 MAR	£150,000	£242,744	38% below HPI

59 MARSH LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The two 59 MARSH LANE sales from March 2013 and December 2022 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 March 2013 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the December 2022 sale, where it falls to 69% below the HPI. The line then continues to track at 69% below the HPI.

How Large is 59 MARSH LANE?

59 MARSH LANE is 94m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 30% of detached houses in Penkridge, based on EPC data. The below chart shows the distribution of detached houses by size in Penkridge, and where 59 MARSH LANE lies on this distribution: 29% of detached houses are smaller than 59 MARSH LANE, and 70% of houses are larger. Note that EPC data is not available for all properties in Penkridge.

59 MARSH LANE: Plot and Title Map

59 MARSH LANE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 59 MARSH LANE, 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 59 MARSH LANE). 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 59 MARSH LANE?

59 MARSH LANE is located in PENKRIDGE, in the ST19 postcode district. The below map shows the position of No. 59 on MARSH LANE.