6, COWLEY CLOSE, PENKRIDGE, STAFFORD, ST19 5SX - £230,000

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.

6 COWLEY CLOSE is a midsized detached house of 112m², built sometime between 1983 and 1990, which could now be worth an estimated £308,237. It was last sold for £230,000 in February 2020, which was around 29% below the average February 2020 detached price in the South Staffordshire local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.

6 COWLEY CLOSE Sold Prices

Land registry data shows five sales for 6 COWLEY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the five 6 COWLEY CLOSE 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
2020 26 FEB	£230,000	£321,834	29% below HPI
2020 31 JAN	£230,000	£325,198	29% below HPI
2013 8 FEB	£191,000	£244,540	22% below HPI
2009 2 SEP	£190,000	£254,214	25% below HPI
1998 30 JUN	£75,950	£102,625	26% below HPI

6 COWLEY CLOSE 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 five 6 COWLEY CLOSE sales between June 1998 and February 2020 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 January 2020 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2020 sale, which was also at 29% below the HPI.

What might 6 COWLEY CLOSE be worth now?

6 COWLEY CLOSE might now be worth an estimated £308,237.

This is based on house price inflation of 34%, between February 2020 and February 2025, for detached houses, in the South Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34% inflationary increase is applied to the most recent sale price for 6 COWLEY CLOSE of £230,000 on 26th February 2020. For the value to have increased from £230,000 to £308,237 over the five years to February 2025, the following assumptions must hold true:

• The value of 6 COWLEY CLOSE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The February 2020 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 6 COWLEY CLOSE has not materially changed since February 2020.

How Large is 6 COWLEY CLOSE?

6 COWLEY CLOSE is 112m² according to the EPC inspection conducted in September 2019. This puts it in the largest 40% of detached houses houses in Penkridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Penkridge, and where 6 COWLEY CLOSE lies on this distribution: 58% of detached houses houses are smaller than 6 COWLEY CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Penkridge.

6 COWLEY CLOSE: Plot and Title Map

6 COWLEY CLOSE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 6 COWLEY CLOSE, 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 6 COWLEY CLOSE). 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 6 COWLEY CLOSE?

6 COWLEY CLOSE is located in PENKRIDGE, in the ST19 postcode district. The below map shows the position of No. 6 on COWLEY CLOSE.