HERRIES, LEA ROAD, HIXON, STAFFORD, ST18 0NR - £193,500

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.

HERRIES is a very small detached house of 84m², built sometime between 1950 and 1966, which could now be worth an estimated £316,386. It was last sold for £193,500 in December 2011, which was around 20% below the average December 2011 detached price in the Stafford local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

HERRIES Sold Prices

Land registry data shows two sales for HERRIES 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. Both of the two HERRIES 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
2011 9 DEC	£193,500	£241,283	20% below HPI
1997 12 DEC	£70,000	£88,042	20% below HPI

HERRIES 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 HERRIES sales from December 1997 and December 2011 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 December 1997 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2011 sale, which was also at 20% below the HPI.

What might HERRIES be worth now?

HERRIES might now be worth an estimated £316,386.

This is based on house price inflation of 63.5%, between December 2011 and March 2025, for detached houses, in the Stafford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 63.5% inflationary increase is applied to the most recent sale price for HERRIES of £193,500 on 9th December 2011. For the value to have increased from £193,500 to £316,386 over the fourteen years and nine months to March 2025, the following assumptions must hold true:

• The value of HERRIES has moved in line with the HPI for detached houses in the Stafford local authority area.
• The December 2011 sale price of £193,500 represented a fair market value for the property.
• The size, condition, and specification of HERRIES has not materially changed since December 2011.

How Large is HERRIES?

HERRIES is 84m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 20% of detached houses houses in Hixon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hixon, and where HERRIES lies on this distribution: 18% of detached houses houses are smaller than HERRIES, and 82% of houses are larger. Note that EPC data is not available for all properties in Hixon.

HERRIES: Plot and Title Map

HERRIES sits on a plot of roughly 0.247 of an acre, or 999m². The below map shows the location of HERRIES, 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 HERRIES). 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 HERRIES?

HERRIES is located on LEA ROAD in HIXON, in the ST18 postcode district. The below map shows the position of HERRIES on LEA ROAD.