3, CORNER WAYS, DERRINGTON, STAFFORD, ST18 9LZ - £239,500

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.

3 CORNER WAYS is a very small detached house of 79m², built sometime between 1950 and 1966, which could now be worth an estimated £309,322. It was last sold for £239,500 in November 2019, which was around 22% below the average November 2019 detached price in the Stafford local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

3 CORNER WAYS Sold Prices

Land registry data shows three sales for 3 CORNER WAYS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Stafford local authority area for the corresponding sale date. All of the three 3 CORNER WAYS 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
2019 8 NOV	£239,500	£308,615	22% below HPI
2017 31 MAR	£177,000	£283,973	38% below HPI
2006 28 JUL	£180,000	£235,204	23% below HPI

3 CORNER WAYS 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 three 3 CORNER WAYS sales between July 2006 and November 2019 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 March 2017 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the November 2019 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 3 CORNER WAYS be worth now?

3 CORNER WAYS might now be worth an estimated £309,322.

This is based on house price inflation of 29.2%, between November 2019 and March 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 29.2% inflationary increase is applied to the most recent sale price for 3 CORNER WAYS of £239,500 on 8th November 2019. For the value to have increased from £239,500 to £309,322 over the seven years and eight months to March 2026, the following assumptions must hold true:

• The value of 3 CORNER WAYS has moved in line with the HPI for detached houses in the Stafford local authority area.
• The November 2019 sale price of £239,500 represented a fair market value for the property.
• The size, condition, and specification of 3 CORNER WAYS has not materially changed since November 2019.

How Large is 3 CORNER WAYS?

3 CORNER WAYS is 79m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 20% of detached houses houses in Derrington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Derrington, and where 3 CORNER WAYS lies on this distribution: 15% of detached houses houses are smaller than 3 CORNER WAYS, and 83% of houses are larger. Note that EPC data is not available for all properties in Derrington.

3 CORNER WAYS: Plot and Title Map

3 CORNER WAYS sits on a plot of roughly 0.148 of an acre, or 598m². The below map shows the location of 3 CORNER WAYS, 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 3 CORNER WAYS). 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 3 CORNER WAYS?

3 CORNER WAYS is located in DERRINGTON, in the ST18 postcode district. The below map shows the position of No. 3 on CORNER WAYS.