14, NETHERTON CLOSE, WESTON, STAFFORD, ST18 0GR - £273,000

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.

14 NETHERTON CLOSE is a small detached house of 106m², built in 2010, which could now be worth an estimated £403,226. It was last sold for £273,000 in May 2016, which was about the average May 2016 detached price in the Stafford local authority area. The most recent EPC inspection was October 2010, where the current energy rating was B, and the potential energy rating was B.

14 NETHERTON CLOSE Sold Prices

Land registry data shows two sales for 14 NETHERTON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Stafford local authority area for the corresponding sale date. One of the two 14 NETHERTON CLOSE sales was roughly equal to 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
2016 6 MAY	£273,000	£273,201	Close to HPI
2011 4 FEB	£240,500	£243,649	1% below HPI

14 NETHERTON CLOSE 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 two 14 NETHERTON CLOSE sales from February 2011 and May 2016 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 2011 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the May 2016 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 14 NETHERTON CLOSE be worth now?

14 NETHERTON CLOSE might now be worth an estimated £403,226.

This is based on house price inflation of 47.7%, between May 2016 and May 2026, 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 47.7% inflationary increase is applied to the most recent sale price for 14 NETHERTON CLOSE of £273,000 on 6th May 2016. For the value to have increased from £273,000 to £403,226 over the ten years to May 2026, the following assumptions must hold true:

• The value of 14 NETHERTON CLOSE has moved in line with the HPI for detached houses in the Stafford local authority area.
• The May 2016 sale price of £273,000 represented a fair market value for the property.
• The size, condition, and specification of 14 NETHERTON CLOSE has not materially changed since May 2016.

How Large is 14 NETHERTON CLOSE?

14 NETHERTON CLOSE is 106m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 40% of detached houses houses in Weston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Weston, and where 14 NETHERTON CLOSE lies on this distribution: 33% of detached houses houses are smaller than 14 NETHERTON CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Weston.

Where is 14 NETHERTON CLOSE?

14 NETHERTON CLOSE is located in WESTON, in the ST18 postcode district. The below map shows the position of No. 14 on NETHERTON CLOSE.