7, CHEADLE CLOSE, PENKRIDGE, STAFFORD, ST19 5SZ - £365,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 CHEADLE CLOSE is a midsized detached house of 101m², built sometime between 1983 and 1990, which could now be worth an estimated £395,542. It was last sold for £365,000 in February 2023, which was around 12% below the average February 2023 detached price in the South Staffordshire local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

7 CHEADLE CLOSE Sold Prices

Land registry data shows two sales for 7 CHEADLE CLOSE 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 7 CHEADLE 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
2023 13 FEB	£365,000	£413,432	12% below HPI
1998 22 APR	£93,000	£99,601	7% below HPI

7 CHEADLE 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 two 7 CHEADLE CLOSE sales from April 1998 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 April 1998 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2023 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 7 CHEADLE CLOSE be worth now?

7 CHEADLE CLOSE might now be worth an estimated £395,542.

This is based on house price inflation of 8.4%, between February 2023 and December 2024, 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 8.4% inflationary increase is applied to the most recent sale price for 7 CHEADLE CLOSE of £365,000 on 13th February 2023. For the value to have increased from £365,000 to £395,542 over the two months to December 2024, the following assumptions must hold true:

• The value of 7 CHEADLE CLOSE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The February 2023 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CHEADLE CLOSE has not materially changed since February 2023.

How Large is 7 CHEADLE CLOSE?

7 CHEADLE CLOSE is 101m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 50% 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 7 CHEADLE CLOSE lies on this distribution: 43% of detached houses houses are smaller than 7 CHEADLE CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Penkridge.

7 CHEADLE CLOSE: Plot and Title Map

7 CHEADLE CLOSE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 7 CHEADLE 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 7 CHEADLE 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 7 CHEADLE CLOSE?

7 CHEADLE CLOSE is located in PENKRIDGE, in the ST19 postcode district. The below map shows the position of No. 7 on CHEADLE CLOSE.