MAIORI, CHAIN LANE, STAFFORD, ST17 9HA - £460,000

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.

MAIORI is a midsized detached house of 107m², built sometime between 1976 and 1982, which could now be worth an estimated £465,559. It was last sold for £460,000 in October 2022, which was around 20% above the average October 2022 detached price in the Stafford local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

MAIORI Sold Prices

Land registry data shows two sales for MAIORI 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 MAIORI 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
2022 14 OCT	£460,000	£381,919	20% above HPI
1996 2 OCT	£124,000	£85,812	45% above HPI

MAIORI 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 MAIORI sales from October 1996 and October 2022 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 1996 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the October 2022 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might MAIORI be worth now?

MAIORI might now be worth an estimated £465,559.

This is based on house price inflation of 1.2%, between October 2022 and February 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 1.2% inflationary increase is applied to the most recent sale price for MAIORI of £460,000 on 14th October 2022. For the value to have increased from £460,000 to £465,559 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of MAIORI has moved in line with the HPI for detached houses in the Stafford local authority area.
• The October 2022 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of MAIORI has not materially changed since October 2022.

How Large is MAIORI?

MAIORI is 107m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 50% of detached houses houses in Stafford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stafford, and where MAIORI lies on this distribution: 45% of detached houses houses are smaller than MAIORI, and 54% of houses are larger. Note that EPC data is not available for all properties in Stafford.

MAIORI: Plot and Title Map

MAIORI sits on a plot of roughly 0.398 of an acre, or 1,612m². The below map shows the location of MAIORI, 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 MAIORI). 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 MAIORI?

MAIORI is located on CHAIN LANE in STAFFORD, in the ST17 postcode district. The below map shows the position of MAIORI on CHAIN LANE.