OURDRUM, WHARF ROAD, GNOSALL, STAFFORD, ST20 0DA - £185,000

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

OURDRUM is a very small detached house of 69m², built sometime between 1983 and 1990. It was last sold for £185,000 in September 2017, which was around 35% below the average September 2017 detached price in the Stafford local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

OURDRUM Sold Prices

Land registry data shows two sales for OURDRUM 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 OURDRUM 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
2017 15 SEP	£185,000	£284,722	35% below HPI
2012 25 MAY	£140,000	£231,841	40% below HPI

OURDRUM 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 OURDRUM sales from May 2012 and September 2017 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 May 2012 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the September 2017 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is OURDRUM?

OURDRUM is 69m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% of detached houses in Gnosall Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Gnosall Heath, and where OURDRUM lies on this distribution: 16% of detached houses are smaller than OURDRUM, and 84% of houses are larger. Note that EPC data is not available for all properties in Gnosall Heath.

OURDRUM: Plot and Title Map

OURDRUM sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of OURDRUM, 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 OURDRUM). 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 OURDRUM?

OURDRUM is located on WHARF ROAD in GNOSALL, in the ST20 postcode district. The below map shows the position of OURDRUM on WHARF ROAD.