9, MEADOW CLOSE, PENKRIDGE, STAFFORD, ST19 5TY - £420,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

9 MEADOW CLOSE is a very large extended detached house of 139m², built sometime between 1996 and 2002, which could now be worth an estimated £536,492. It was last sold for £420,000 in August 2020, which was around 24% above the average August 2020 detached price in the South Staffordshire local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was C.

9 MEADOW CLOSE Sold Prices

Land registry data shows four sales for 9 MEADOW CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the four 9 MEADOW CLOSE sales were 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
2020 14 AUG	£420,000	£337,657	24% above HPI
2004 30 APR	£265,000	£212,848	25% above HPI
2003 22 AUG	£249,950	£206,572	21% above HPI
1999 29 APR	£148,000	£106,448	39% above HPI

9 MEADOW 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 four 9 MEADOW CLOSE sales between April 1999 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 April 2004 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the August 2020 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 9 MEADOW CLOSE be worth now?

9 MEADOW CLOSE might now be worth an estimated £536,492.

This is based on house price inflation of 27.7%, between August 2020 and February 2025, 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 27.7% inflationary increase is applied to the most recent sale price for 9 MEADOW CLOSE of £420,000 on 14th August 2020. For the value to have increased from £420,000 to £536,492 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 9 MEADOW CLOSE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The August 2020 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 9 MEADOW CLOSE has not materially changed since August 2020.

How Large is 9 MEADOW CLOSE?

9 MEADOW CLOSE is 139m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the largest 20% 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 9 MEADOW CLOSE lies on this distribution: 81% of detached houses houses are smaller than 9 MEADOW CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Penkridge.

9 MEADOW CLOSE: Plot and Title Map

9 MEADOW CLOSE sits on a plot of roughly 0.161 of an acre, or 651m². The below map shows the location of 9 MEADOW 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 MEADOW 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 MEADOW CLOSE?

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