8, LEMA WAY, STAFFORD, ST16 3LB - £162,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

8 LEMA WAY is a small semi-detached house of 86m², built sometime between 1976 and 1982. It was last sold for £162,000 in September 2016, which was around 40% below the average September 2016 detached price in the Stafford local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

8 LEMA WAY Sold Prices

Land registry data shows three sales for 8 LEMA 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 8 LEMA 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
2016 8 SEP	£162,000	£269,970	40% below HPI
2009 1 OCT	£141,000	£230,188	39% below HPI
2003 5 DEC	£122,500	£190,618	36% below HPI

8 LEMA 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 8 LEMA WAY sales between December 2003 and September 2016 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 October 2009 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the September 2016 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 8 LEMA WAY?

8 LEMA WAY is 86m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 30% 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 LEMA WAY lies on this distribution: 21% of detached houses are smaller than 8 LEMA WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Stafford.

8 LEMA WAY: Plot and Title Map

8 LEMA WAY sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 8 LEMA 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 8 LEMA 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 8 LEMA WAY?

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