SMITHFIELD COTTAGE, PINFOLD LANE, PENKRIDGE, STAFFORD, ST19 5AP - £480,000

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.

SMITHFIELD COTTAGE is a very large extended detached house of 173m², built sometime before 1900, which could now be worth an estimated £544,411. It was last sold for £480,000 in November 2021, which was around 26% above the average November 2021 detached price in the South Staffordshire local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

SMITHFIELD COTTAGE Sold Prices

Land registry data shows two sales for SMITHFIELD COTTAGE 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 SMITHFIELD COTTAGE 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
2021 18 NOV	£480,000	£380,280	26% above HPI
2009 26 FEB	£117,500	£254,736	54% below HPI

SMITHFIELD COTTAGE 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 SMITHFIELD COTTAGE sales from February 2009 and November 2021 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 February 2009 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the November 2021 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might SMITHFIELD COTTAGE be worth now?

SMITHFIELD COTTAGE might now be worth an estimated £544,411.

This is based on house price inflation of 13.4%, between November 2021 and February 2025, for detached houses, in the South Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.4% inflationary increase is applied to the most recent sale price for SMITHFIELD COTTAGE of £480,000 on 18th November 2021. For the value to have increased from £480,000 to £544,411 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of SMITHFIELD COTTAGE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The November 2021 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of SMITHFIELD COTTAGE has not materially changed since November 2021.

How Large is SMITHFIELD COTTAGE?

SMITHFIELD COTTAGE is 173m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the largest 10% of detached houses houses in Penkridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Penkridge, and where SMITHFIELD COTTAGE lies on this distribution: 93% of detached houses houses are smaller than SMITHFIELD COTTAGE, and 7% of houses are larger. Note that EPC data is not available for all properties in Penkridge.

SMITHFIELD COTTAGE: Plot and Title Map

SMITHFIELD COTTAGE sits on a plot of roughly 0.166 of an acre, or 672m². The below map shows the location of SMITHFIELD COTTAGE, 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 SMITHFIELD COTTAGE). 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 SMITHFIELD COTTAGE?

SMITHFIELD COTTAGE is located on PINFOLD LANE in PENKRIDGE, in the ST19 postcode district. The below map shows the position of SMITHFIELD COTTAGE on PINFOLD LANE.