26, FILANCE LANE, PENKRIDGE, STAFFORD, ST19 5HQ - £275,000

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.

26 FILANCE LANE is a very small semi-detached house of 70m², built sometime between 1950 and 1966, which could now be worth an estimated £293,863. It was last sold for £275,000 in August 2022, which was around 12% above the average August 2022 semi-detached price in the South Staffordshire local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was B.

26 FILANCE LANE Sold Prices

Land registry data shows three sales for 26 FILANCE LANE 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 South Staffordshire local authority area for the corresponding sale date. All of the three 26 FILANCE LANE sales were 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
2022 1 AUG	£275,000	£246,338	12% above HPI
2017 21 DEC	£220,000	£186,151	18% above HPI
2004 26 NOV	£184,000	£146,189	26% above HPI

26 FILANCE LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The three 26 FILANCE LANE sales between November 2004 and August 2022 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 December 2017 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the August 2022 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 26 FILANCE LANE be worth now?

26 FILANCE LANE might now be worth an estimated £293,863.

This is based on house price inflation of 6.9%, between August 2022 and February 2025, for semi-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 6.9% inflationary increase is applied to the most recent sale price for 26 FILANCE LANE of £275,000 on 1st August 2022. For the value to have increased from £275,000 to £293,863 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 26 FILANCE LANE has moved in line with the HPI for semi-detached houses in the South Staffordshire local authority area.
• The August 2022 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 26 FILANCE LANE has not materially changed since August 2022.

How Large is 26 FILANCE LANE?

26 FILANCE LANE is 70m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 10% of semi-detached houses houses in Penkridge, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Penkridge, and where 26 FILANCE LANE lies on this distribution: 3% of semi-detached houses houses are smaller than 26 FILANCE LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Penkridge.

26 FILANCE LANE: Plot and Title Map

26 FILANCE LANE sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 26 FILANCE LANE, 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 26 FILANCE LANE). 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 26 FILANCE LANE?

26 FILANCE LANE is located in PENKRIDGE, in the ST19 postcode district. The below map shows the position of No. 26 on FILANCE LANE.