9, KNIGHTS CLOSE, PENKRIDGE, STAFFORD, ST19 5JD - £325,000

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

9 KNIGHTS CLOSE is a large extended detached house of 113m², built sometime between 1976 and 1982. It was last sold for £325,000 in December 2020, which was around 9% below the average December 2020 detached price in the South Staffordshire local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

9 KNIGHTS CLOSE Sold Prices

Land registry data shows two sales for 9 KNIGHTS 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 9 KNIGHTS 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 1 DEC	£325,000	£357,786	9% below HPI
2007 1 MAR	£186,000	£262,517	29% below HPI

9 KNIGHTS 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 9 KNIGHTS CLOSE sales from March 2007 and December 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 March 2007 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2020 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 9 KNIGHTS CLOSE?

9 KNIGHTS CLOSE is 113m², which includes two extensions, according to the EPC inspection conducted in March 2019. This puts it in the largest 40% of detached houses in Penkridge, based on EPC data. The below chart shows the distribution of detached houses by size in Penkridge, and where 9 KNIGHTS CLOSE lies on this distribution: 60% of detached houses are smaller than 9 KNIGHTS CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Penkridge.

9 KNIGHTS CLOSE: Plot and Title Map

9 KNIGHTS CLOSE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 9 KNIGHTS 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 9 KNIGHTS 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 9 KNIGHTS CLOSE?

9 KNIGHTS CLOSE is located in PENKRIDGE, in the ST19 postcode district. The below map shows the position of No. 9 on KNIGHTS CLOSE.