17, LUDGROVE WAY, STAFFORD, ST17 4TS - £175,000

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.

17 LUDGROVE WAY is a very small semi-detached house of 78m², built sometime between 1996 and 2002, which could now be worth an estimated £220,423. It was last sold for £175,000 in March 2021, which was around 12% below the average March 2021 semi-detached price in the Stafford local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

17 LUDGROVE WAY Sold Prices

Land registry data shows three sales for 17 LUDGROVE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Stafford local authority area for the corresponding sale date. Two of the three 17 LUDGROVE WAY sales were for below the average price, whilst one was for above 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 30 MAR	£175,000	£198,147	12% below HPI
2004 27 OCT	£133,000	£138,732	4% below HPI
2001 22 MAY	£73,500	£72,531	1% above HPI

17 LUDGROVE WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Stafford local authority area over time, sourced from the HPI. The three 17 LUDGROVE WAY sales between May 2001 and March 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 October 2004 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2021 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 17 LUDGROVE WAY be worth now?

17 LUDGROVE WAY might now be worth an estimated £220,423.

This is based on house price inflation of 26%, between March 2021 and March 2025, for semi-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 26% inflationary increase is applied to the most recent sale price for 17 LUDGROVE WAY of £175,000 on 30th March 2021. For the value to have increased from £175,000 to £220,423 over the four years to March 2025, the following assumptions must hold true:

• The value of 17 LUDGROVE WAY has moved in line with the HPI for semi-detached houses in the Stafford local authority area.
• The March 2021 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 17 LUDGROVE WAY has not materially changed since March 2021.

How Large is 17 LUDGROVE WAY?

17 LUDGROVE WAY is 78m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% of semi-detached houses houses in Stafford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stafford, and where 17 LUDGROVE WAY lies on this distribution: 13% of semi-detached houses houses are smaller than 17 LUDGROVE WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Stafford.

17 LUDGROVE WAY: Plot and Title Map

17 LUDGROVE WAY sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 17 LUDGROVE 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 17 LUDGROVE 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 17 LUDGROVE WAY?

17 LUDGROVE WAY is located in STAFFORD, in the ST17 postcode district. The below map shows the position of No. 17 on LUDGROVE WAY.