LIGHTWOOD, BARN BANK LANE, STAFFORD, ST17 9HF - £410,000

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

LIGHTWOOD is a small extended detached house of 90m², built sometime between 1950 and 1966. It was last sold for £410,000 in August 2023, which was around 11% above the average August 2023 detached price in the Stafford local authority area. The most recent EPC inspection was May 2018, where the current energy rating was E, and the potential energy rating was C.

LIGHTWOOD Sold Prices

Land registry data shows three sales for LIGHTWOOD 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 LIGHTWOOD 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
2023 30 AUG	£410,000	£370,936	11% above HPI
2020 28 SEP	£350,000	£311,104	13% above HPI
2019 12 NOV	£335,000	£300,657	11% above HPI

LIGHTWOOD 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 LIGHTWOOD sales between November 2019 and August 2023 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 September 2020 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the August 2023 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is LIGHTWOOD?

LIGHTWOOD is 90m², which includes one extension, according to the EPC inspection conducted in May 2018. 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 LIGHTWOOD lies on this distribution: 26% of detached houses are smaller than LIGHTWOOD, and 73% of houses are larger. Note that EPC data is not available for all properties in Stafford.

LIGHTWOOD: Plot and Title Map

LIGHTWOOD sits on a plot of roughly 0.392 of an acre, or 1,587m². The below map shows the location of LIGHTWOOD, 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 LIGHTWOOD). 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 LIGHTWOOD?

LIGHTWOOD is located on BARN BANK LANE in STAFFORD, in the ST17 postcode district. The below map shows the position of LIGHTWOOD on BARN BANK LANE.