2, PENZANCE WAY, STAFFORD, ST17 0FL - £540,000

2 PENZANCE WAY is a small extended detached house of 102m², built sometime between 1996 and 2002. It was last sold for £540,000 in October 2017, which was around 90% above the average October 2017 detached price in the Stafford local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was C.

2 PENZANCE WAY Sold Prices

Land registry data shows two sales for 2 PENZANCE WAY 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 2 PENZANCE WAY sales was for above 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
2017 30 OCT	£540,000	£283,589	90% above HPI
2002 10 OCT	£135,000	£157,989	15% below HPI

2 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 two 2 PENZANCE WAY sales from October 2002 and October 2017 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 2002 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2017 sale, where it rises to 90% above the HPI. The line then continues to track at 90% above the HPI.

How Large is 2 PENZANCE WAY?

2 PENZANCE WAY is 102m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 40% of detached houses in Stafford, based on EPC data. The below chart shows the distribution of detached houses by size in Stafford, and where 2 PENZANCE WAY lies on this distribution: 39% of detached houses are smaller than 2 PENZANCE WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Stafford.

2 PENZANCE WAY: Plot and Title Map

2 PENZANCE WAY sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 2 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 2 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 2 PENZANCE WAY?

2 PENZANCE WAY is located in STAFFORD, in the ST17 postcode district. The below map shows the position of No. 2 on PENZANCE WAY.