Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
7 LEA ROAD is a very small detached house of 67m², built sometime between 1950 and 1966. It was last sold for £169,950 in November 2014, which was around 33% below the average November 2014 detached price in the Stafford local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows three sales for 7 LEA ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Stafford local authority area for the corresponding sale date. All of the three 7 LEA ROAD 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 |
---|---|---|---|
2014 14 NOV | £169,950 | £252,039 | 33% below HPI |
2003 17 OCT | £138,000 | £182,782 | 25% below HPI |
1997 24 JAN | £47,500 | £82,042 | 42% below HPI |
The below graph shows the average detached house price in the Stafford local authority area over time, sourced from the HPI. The three 7 LEA ROAD sales between January 1997 and November 2014 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 October 2003 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2014 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.
7 LEA ROAD is 67m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 10% of detached houses in Stone, based on EPC data. The below chart shows the distribution of detached houses by size in Stone, and where 7 LEA ROAD lies on this distribution: 9% of detached houses are smaller than 7 LEA ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Stone.
7 LEA ROAD sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 7 LEA ROAD, 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 LEA ROAD). 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.
7 LEA ROAD is located in STONE, in the ST15 postcode district. The below map shows the position of No. 7 on LEA ROAD.