7, VERDON CLOSE, PENKRIDGE, STAFFORD, ST19 5TQ - £302,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 VERDON CLOSE is a midsized detached house of 104m², built sometime between 1983 and 1990. It was last sold for £302,500 in August 2020, which was around 10% below the average August 2020 detached price in the South Staffordshire local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

7 VERDON CLOSE Sold Prices

Land registry data shows two sales for 7 VERDON 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. Both of the two 7 VERDON CLOSE 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 6 AUG	£302,500	£337,657	10% below HPI
2017 17 FEB	£272,000	£295,134	8% below HPI

7 VERDON 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 VERDON CLOSE sales from February 2017 and August 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 February 2017 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2020 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 7 VERDON CLOSE be worth now?

7 VERDON CLOSE might now be worth an estimated £401,378.

This is based on house price inflation of 32.7%, between August 2020 and December 2024, 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 32.7% inflationary increase is applied to the most recent sale price for 7 VERDON CLOSE of £302,500 on 6th August 2020. For the value to have increased from £302,500 to £401,378 over the three years and eight months to December 2024, the following assumptions must hold true:

• The value of 7 VERDON CLOSE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The August 2020 sale price of £302,500 represented a fair market value for the property.
• The size, condition, and specification of 7 VERDON CLOSE has not materially changed since August 2020.

How Large is 7 VERDON CLOSE?

7 VERDON CLOSE is 104m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 50% 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 VERDON CLOSE lies on this distribution: 47% of detached houses houses are smaller than 7 VERDON CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Penkridge.

7 VERDON CLOSE: Plot and Title Map

7 VERDON CLOSE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 7 VERDON 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 VERDON 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 VERDON CLOSE?

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