8, ABBEY CLOSE, PENKRIDGE, STAFFORD, ST19 5ET - £232,500

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

8 ABBEY CLOSE is a small detached house of 97m², built sometime between 1967 and 1975, which could now be worth an estimated £308,544. It was last sold for £232,500 in September 2020, which was around 31% below the average September 2020 detached price in the South Staffordshire local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

8 ABBEY CLOSE Sold Prices

Land registry data shows two sales for 8 ABBEY 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 8 ABBEY 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 30 SEP	£232,500	£337,606	31% below HPI
2015 21 AUG	£205,000	£281,691	27% below HPI

8 ABBEY 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 8 ABBEY CLOSE sales from August 2015 and September 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 August 2015 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2020 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 8 ABBEY CLOSE be worth now?

8 ABBEY CLOSE might now be worth an estimated £308,544.

This is based on house price inflation of 32.7%, between September 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 8 ABBEY CLOSE of £232,500 on 30th September 2020. For the value to have increased from £232,500 to £308,544 over the three years and nine months to December 2024, the following assumptions must hold true:

• The value of 8 ABBEY CLOSE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The September 2020 sale price of £232,500 represented a fair market value for the property.
• The size, condition, and specification of 8 ABBEY CLOSE has not materially changed since September 2020.

How Large is 8 ABBEY CLOSE?

8 ABBEY CLOSE is 97m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 40% 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 8 ABBEY CLOSE lies on this distribution: 33% of detached houses houses are smaller than 8 ABBEY CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Penkridge.

8 ABBEY CLOSE: Plot and Title Map

8 ABBEY CLOSE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 8 ABBEY 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 8 ABBEY 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 8 ABBEY CLOSE?

8 ABBEY CLOSE is located in PENKRIDGE, in the ST19 postcode district. The below map shows the position of No. 8 on ABBEY CLOSE.