7, CHETWYND CLOSE, PENKRIDGE, STAFFORD, ST19 5SU - £385,000

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 CHETWYND CLOSE is a large extended detached house of 116m², built sometime between 1983 and 1990, which could now be worth an estimated £434,618. It was last sold for £385,000 in February 2024, which was around 3% below the average February 2024 detached price in the South Staffordshire local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

7 CHETWYND CLOSE Sold Prices

Land registry data shows three sales for 7 CHETWYND CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the three 7 CHETWYND 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
2024 9 FEB	£385,000	£396,878	3% below HPI
2017 20 DEC	£294,000	£308,898	5% below HPI
2013 28 MAR	£222,000	£244,128	9% below HPI

7 CHETWYND 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 three 7 CHETWYND CLOSE sales between March 2013 and February 2024 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 December 2017 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2024 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 7 CHETWYND CLOSE be worth now?

7 CHETWYND CLOSE might now be worth an estimated £434,618.

This is based on house price inflation of 12.9%, between February 2024 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 12.9% inflationary increase is applied to the most recent sale price for 7 CHETWYND CLOSE of £385,000 on 9th February 2024. For the value to have increased from £385,000 to £434,618 over the two months to December 2024, the following assumptions must hold true:

• The value of 7 CHETWYND CLOSE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The February 2024 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CHETWYND CLOSE has not materially changed since February 2024.

How Large is 7 CHETWYND CLOSE?

7 CHETWYND CLOSE is 116m², which includes three extensions, according to the EPC inspection conducted in May 2023. 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 7 CHETWYND CLOSE lies on this distribution: 65% of detached houses houses are smaller than 7 CHETWYND CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Penkridge.

7 CHETWYND CLOSE: Plot and Title Map

7 CHETWYND CLOSE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 7 CHETWYND 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 CHETWYND 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 CHETWYND CLOSE?

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