7, PENZANCE WAY, STAFFORD, ST17 0FL - £257,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 PENZANCE WAY is a midsized detached house of 104m², built sometime between 1996 and 2002. It was last sold for £257,000 in January 2018, which was around 8% below the average January 2018 detached price in the Stafford local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

7 PENZANCE WAY Sold Prices

Land registry data shows three sales for 7 PENZANCE WAY since 1^st 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 PENZANCE WAY 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
2018 19 JAN	£257,000	£280,442	8% below HPI
2014 3 JAN	£212,500	£239,981	11% below HPI
2002 27 SEP	£132,000	£154,022	14% below HPI

7 PENZANCE WAY 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 three 7 PENZANCE WAY sales between September 2002 and January 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 2014 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the January 2018 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 7 PENZANCE WAY?

7 PENZANCE WAY is 104m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 50% of detached houses in Stafford, based on EPC data. The below chart shows the distribution of detached houses by size in Stafford, and where 7 PENZANCE WAY lies on this distribution: 42% of detached houses are smaller than 7 PENZANCE WAY, and 57% of houses are larger. Note that EPC data is not available for all properties in Stafford.

7 PENZANCE WAY: Plot and Title Map

7 PENZANCE WAY sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 7 PENZANCE WAY, 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 PENZANCE WAY). 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 PENZANCE WAY?

7 PENZANCE WAY is located in STAFFORD, in the ST17 postcode district. The below map shows the position of No. 7 on PENZANCE WAY.