PINE LODGE, CANNOCK ROAD, PENKRIDGE, STAFFORD, ST19 5DT - £285,000

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

PINE LODGE is a large detached house of 130m², built sometime between 1967 and 1975. It was last sold for £285,000 in November 2015, which was around 2% above the average November 2015 detached price in the South Staffordshire local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

PINE LODGE Sold Prices

Land registry data shows two sales for PINE LODGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. One of the two PINE LODGE sales was for above the average price, whilst the other was 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
2015 4 NOV	£285,000	£278,884	2% above HPI
2002 2 OCT	£167,000	£178,198	6% below HPI

PINE LODGE 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 two PINE LODGE sales from October 2002 and November 2015 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 2002 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2015 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is PINE LODGE?

PINE LODGE is 130m² according to the EPC inspection conducted in September 2015. This puts it in the largest 30% of detached houses in Penkridge, based on EPC data. The below chart shows the distribution of detached houses by size in Penkridge, and where PINE LODGE lies on this distribution: 77% of detached houses are smaller than PINE LODGE, and 23% of houses are larger. Note that EPC data is not available for all properties in Penkridge.

PINE LODGE: Plot and Title Map

PINE LODGE sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of PINE LODGE, 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 PINE LODGE). 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 PINE LODGE?

PINE LODGE is located on CANNOCK ROAD in PENKRIDGE, in the ST19 postcode district. The below map shows the position of PINE LODGE on CANNOCK ROAD.