12, PENZANCE WAY, STAFFORD, ST17 0FL - £245,000

12 PENZANCE WAY is a very small extended detached house of 83m², built sometime between 2003 and 2006. It was last sold for £245,000 in October 2015, which was around 6% below the average October 2015 detached price in the Stafford local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

12 PENZANCE WAY Sold Prices

Land registry data shows four sales for 12 PENZANCE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Stafford local authority area for the corresponding sale date. Most of the four 12 PENZANCE WAY 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
2015 9 OCT	£245,000	£260,825	6% below HPI
2010 12 AUG	£225,000	£237,426	5% below HPI
2004 18 MAR	£195,000	£188,799	3% above HPI
2003 27 JUN	£165,000	£175,607	6% below HPI

12 PENZANCE WAY 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 four 12 PENZANCE WAY sales between June 2003 and October 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 August 2010 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2015 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 12 PENZANCE WAY?

12 PENZANCE WAY is 83m², which includes one extension, according to the EPC inspection conducted in March 2009. This puts it in the smallest 20% of detached houses in Stafford, based on EPC data. The below chart shows the distribution of detached houses by size in Stafford, and where 12 PENZANCE WAY lies on this distribution: 18% of detached houses are smaller than 12 PENZANCE WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Stafford.

12 PENZANCE WAY: Plot and Title Map

12 PENZANCE WAY sits on a plot of roughly 0.058 of an acre, or 237m². The below map shows the location of 12 PENZANCE WAY, 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 12 PENZANCE WAY). 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 12 PENZANCE WAY?

12 PENZANCE WAY is located in STAFFORD, in the ST17 postcode district. The below map shows the position of No. 12 on PENZANCE WAY.