3, GRIFFITHS WAY, STONE, ST15 8SB - £279,950

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 GRIFFITHS WAY is a midsized detached house of 117m², built sometime between 1991 and 1995, which could now be worth an estimated £409,463. It was last sold for £279,950 in August 2016, which was around 1% above the average August 2016 detached price in the Stafford local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

3 GRIFFITHS WAY Sold Prices

Land registry data shows two sales for 3 GRIFFITHS 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. Both of the two 3 GRIFFITHS WAY 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
2016 19 AUG	£279,950	£275,889	1% above HPI
1997 11 AUG	£102,500	£92,723	11% above HPI

3 GRIFFITHS 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 3 GRIFFITHS WAY sales from August 1997 and August 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 August 1997 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the August 2016 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 3 GRIFFITHS WAY be worth now?

3 GRIFFITHS WAY might now be worth an estimated £409,463.

This is based on house price inflation of 46.3%, between August 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 46.3% inflationary increase is applied to the most recent sale price for 3 GRIFFITHS WAY of £279,950 on 19th August 2016. For the value to have increased from £279,950 to £409,463 over the ten years and three months to May 2026, the following assumptions must hold true:

• The value of 3 GRIFFITHS WAY has moved in line with the HPI for detached houses in the Stafford local authority area.
• The August 2016 sale price of £279,950 represented a fair market value for the property.
• The size, condition, and specification of 3 GRIFFITHS WAY has not materially changed since August 2016.

How Large is 3 GRIFFITHS WAY?

3 GRIFFITHS WAY is 117m² according to the EPC inspection conducted in April 2011. This puts it in the largest 50% of detached houses houses in Stone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stone, and where 3 GRIFFITHS WAY lies on this distribution: 54% of detached houses houses are smaller than 3 GRIFFITHS WAY, and 45% of houses are larger. Note that EPC data is not available for all properties in Stone.

3 GRIFFITHS WAY: Plot and Title Map

3 GRIFFITHS WAY sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 3 GRIFFITHS 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 3 GRIFFITHS 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 3 GRIFFITHS WAY?

3 GRIFFITHS WAY is located in STONE, in the ST15 postcode district. The below map shows the position of No. 3 on GRIFFITHS WAY.