7, GROCOTT CLOSE, PENKRIDGE, STAFFORD, ST19 5SN - £343,000

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 GROCOTT CLOSE is a very large detached house of 177m², built sometime between 1996 and 2002, which could now be worth an estimated £567,598. It was last sold for £343,000 in June 2010, which was around 32% above the average June 2010 detached price in the South Staffordshire local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.

7 GROCOTT CLOSE Sold Prices

Land registry data shows two sales for 7 GROCOTT 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. One of the two 7 GROCOTT CLOSE 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
2010 18 JUN	£343,000	£260,641	32% above HPI
1998 23 DEC	£57,500	£105,577	46% below HPI

7 GROCOTT 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 GROCOTT CLOSE sales from December 1998 and June 2010 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 1998 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the June 2010 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 7 GROCOTT CLOSE be worth now?

7 GROCOTT CLOSE might now be worth an estimated £567,598.

This is based on house price inflation of 65.5%, between June 2010 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 65.5% inflationary increase is applied to the most recent sale price for 7 GROCOTT CLOSE of £343,000 on 18th June 2010. For the value to have increased from £343,000 to £567,598 over the fifteen years and four months to February 2025, the following assumptions must hold true:

• The value of 7 GROCOTT CLOSE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The June 2010 sale price of £343,000 represented a fair market value for the property.
• The size, condition, and specification of 7 GROCOTT CLOSE has not materially changed since June 2010.

How Large is 7 GROCOTT CLOSE?

7 GROCOTT CLOSE is 177m² according to the EPC inspection conducted in February 2010. This puts it in the largest 10% 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 GROCOTT CLOSE lies on this distribution: 94% of detached houses houses are smaller than 7 GROCOTT CLOSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Penkridge.

7 GROCOTT CLOSE: Plot and Title Map

7 GROCOTT CLOSE sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 7 GROCOTT 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 GROCOTT 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 GROCOTT CLOSE?

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