8, COLE DRIVE, STAFFORD, ST16 1AT - £240,000

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

8 COLE DRIVE is a small extended detached house of 102m², built sometime between 1991 and 1995. It was last sold for £240,000 in October 2017, which was around 15% below the average October 2017 detached price in the Stafford local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

8 COLE DRIVE Sold Prices

Land registry data shows two sales for 8 COLE 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. One of the two 8 COLE DRIVE sales was for below the average price, whilst the other was for above 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
2017 31 OCT	£240,000	£283,589	15% below HPI
1995 27 JAN	£84,950	£78,579	8% above HPI

8 COLE 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 8 COLE DRIVE sales from January 1995 and October 2017 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 1995 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the October 2017 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 8 COLE DRIVE?

8 COLE DRIVE is 102m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 40% of detached houses in Stafford, based on EPC data. The below chart shows the distribution of detached houses by size in Stafford, and where 8 COLE DRIVE lies on this distribution: 39% of detached houses are smaller than 8 COLE DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Stafford.

8 COLE DRIVE: Plot and Title Map

8 COLE DRIVE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 8 COLE 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 8 COLE 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 8 COLE DRIVE?

8 COLE DRIVE is located in STAFFORD, in the ST16 postcode district. The below map shows the position of No. 8 on COLE DRIVE.