7, PARSONS DRIVE, GNOSALL, STAFFORD, ST20 0QS - £254,000

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 PARSONS DRIVE is a midsized extended detached house of 122m², built sometime between 1976 and 1982, which could now be worth an estimated £328,604. It was last sold for £254,000 in February 2020, which was around 15% below the average February 2020 detached price in the Stafford 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 PARSONS DRIVE Sold Prices

Land registry data shows two sales for 7 PARSONS DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Stafford local authority area for the corresponding sale date. Both of the two 7 PARSONS DRIVE 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
2020 28 FEB	£254,000	£298,778	15% below HPI
2013 4 JAN	£220,000	£241,675	9% below HPI

7 PARSONS DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stafford local authority area over time, sourced from the HPI. The two 7 PARSONS DRIVE sales from January 2013 and February 2020 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 2013 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2020 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 7 PARSONS DRIVE be worth now?

7 PARSONS DRIVE might now be worth an estimated £328,604.

This is based on house price inflation of 29.4%, between February 2020 and February 2025, for detached houses, in the Stafford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.4% inflationary increase is applied to the most recent sale price for 7 PARSONS DRIVE of £254,000 on 28th February 2020. For the value to have increased from £254,000 to £328,604 over the five years to February 2025, the following assumptions must hold true:

• The value of 7 PARSONS DRIVE has moved in line with the HPI for detached houses in the Stafford local authority area.
• The February 2020 sale price of £254,000 represented a fair market value for the property.
• The size, condition, and specification of 7 PARSONS DRIVE has not materially changed since February 2020.

How Large is 7 PARSONS DRIVE?

7 PARSONS DRIVE is 122m², which includes three extensions, according to the EPC inspection conducted in September 2022. This puts it in the smallest 50% of detached houses houses in Gnosall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gnosall, and where 7 PARSONS DRIVE lies on this distribution: 43% of detached houses houses are smaller than 7 PARSONS DRIVE, and 56% of houses are larger. Note that EPC data is not available for all properties in Gnosall.

7 PARSONS DRIVE: Plot and Title Map

7 PARSONS DRIVE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 7 PARSONS DRIVE, 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 PARSONS DRIVE). 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 PARSONS DRIVE?

7 PARSONS DRIVE is located in GNOSALL, in the ST20 postcode district. The below map shows the position of No. 7 on PARSONS DRIVE.