7, GOODS STATION LANE, PENKRIDGE, STAFFORD, ST19 5AU - £335,000

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.

7 GOODS STATION LANE is a large extended detached house of 114m², built sometime between 1967 and 1975, which could now be worth an estimated £464,409. It was last sold for £335,000 in July 2018, which was around 8% above the average July 2018 detached price in the South Staffordshire local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

7 GOODS STATION LANE Sold Prices

Land registry data shows two sales for 7 GOODS STATION 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. One of the two 7 GOODS STATION LANE sales was for above the average price, whilst the other 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
2018 12 JUL	£335,000	£311,124	8% above HPI
2017 17 JAN	£191,000	£294,994	35% below HPI

7 GOODS STATION 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 7 GOODS STATION LANE sales from January 2017 and July 2018 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 2017 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2018 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 7 GOODS STATION LANE be worth now?

7 GOODS STATION LANE might now be worth an estimated £464,409.

This is based on house price inflation of 38.6%, between July 2018 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 38.6% inflationary increase is applied to the most recent sale price for 7 GOODS STATION LANE of £335,000 on 12th July 2018. For the value to have increased from £335,000 to £464,409 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 7 GOODS STATION LANE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The July 2018 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 7 GOODS STATION LANE has not materially changed since July 2018.

How Large is 7 GOODS STATION LANE?

7 GOODS STATION LANE is 114m², which includes one extension, according to the EPC inspection conducted in May 2018. 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 GOODS STATION LANE lies on this distribution: 61% of detached houses houses are smaller than 7 GOODS STATION LANE, and 38% of houses are larger. Note that EPC data is not available for all properties in Penkridge.

7 GOODS STATION LANE: Plot and Title Map

7 GOODS STATION LANE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 7 GOODS STATION 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 7 GOODS STATION 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 7 GOODS STATION LANE?

7 GOODS STATION LANE is located in PENKRIDGE, in the ST19 postcode district. The below map shows the position of No. 7 on GOODS STATION LANE.