WYRE HOUSE, CANNOCK ROAD, PENKRIDGE, STAFFORD, ST19 5DT - £365,000

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.

WYRE HOUSE is a large extended detached house of 127m², built sometime between 1976 and 1982, which could now be worth an estimated £425,459. It was last sold for £365,000 in January 2021, which was about the average January 2021 detached price in the South Staffordshire local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

WYRE HOUSE Sold Prices

Land registry data shows three sales for WYRE HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. The three WYRE HOUSE sales were a mix of roughly equal to the average price, and 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 15 JAN	£365,000	£364,100	Close to HPI
2003 30 MAY	£194,000	£200,069	3% below HPI
1996 9 AUG	£74,950	£91,920	18% below HPI

WYRE HOUSE 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 three WYRE HOUSE sales between August 1996 and January 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 May 2003 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the January 2021 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might WYRE HOUSE be worth now?

WYRE HOUSE might now be worth an estimated £425,459.

This is based on house price inflation of 16.6%, between January 2021 and March 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 16.6% inflationary increase is applied to the most recent sale price for WYRE HOUSE of £365,000 on 15th January 2021. For the value to have increased from £365,000 to £425,459 over the three years and ten months to March 2025, the following assumptions must hold true:

• The value of WYRE HOUSE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The January 2021 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of WYRE HOUSE has not materially changed since January 2021.

How Large is WYRE HOUSE?

WYRE HOUSE is 127m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 30% 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 WYRE HOUSE lies on this distribution: 75% of detached houses houses are smaller than WYRE HOUSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Penkridge.

WYRE HOUSE: Plot and Title Map

WYRE HOUSE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of WYRE HOUSE, 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 WYRE HOUSE). 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 WYRE HOUSE?

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