THE HOMESTEAD, GLEBE LANE, GNOSALL, STAFFORD, ST20 0ER - £375,000

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.

THE HOMESTEAD is a midsized detached house of 125m², built sometime between 1930 and 1949, which could now be worth an estimated £441,710. It was last sold for £375,000 in June 2021, which was around 14% above the average June 2021 detached price in the Stafford local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was D.

THE HOMESTEAD Sold Prices

Land registry data shows three sales for THE HOMESTEAD 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. Two of the three THE HOMESTEAD sales were for above the average price, whilst one 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 JUN	£375,000	£328,157	14% above HPI
2000 24 NOV	£49,000	£119,068	59% below HPI
1996 25 OCT	£98,000	£85,812	14% above HPI

THE HOMESTEAD 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 THE HOMESTEAD sales between October 1996 and June 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 November 2000 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the June 2021 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might THE HOMESTEAD be worth now?

THE HOMESTEAD might now be worth an estimated £441,710.

This is based on house price inflation of 17.8%, between June 2021 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 17.8% inflationary increase is applied to the most recent sale price for THE HOMESTEAD of £375,000 on 18th June 2021. For the value to have increased from £375,000 to £441,710 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of THE HOMESTEAD has moved in line with the HPI for detached houses in the Stafford local authority area.
• The June 2021 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of THE HOMESTEAD has not materially changed since June 2021.

How Large is THE HOMESTEAD?

THE HOMESTEAD is 125m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 50% of detached houses houses in Gnosall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gnosall, and where THE HOMESTEAD lies on this distribution: 45% of detached houses houses are smaller than THE HOMESTEAD, and 54% of houses are larger. Note that EPC data is not available for all properties in Gnosall.

THE HOMESTEAD: Plot and Title Map

THE HOMESTEAD sits on a plot of roughly 0.166 of an acre, or 670m². The below map shows the location of THE HOMESTEAD, 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 THE HOMESTEAD). 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 THE HOMESTEAD?

THE HOMESTEAD is located on GLEBE LANE in GNOSALL, in the ST20 postcode district. The below map shows the position of THE HOMESTEAD on GLEBE LANE.