3, MILLENNIUM WAY, STONE, ST15 8ZQ - £258,000

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.

3 MILLENNIUM WAY is a midsized terraced house of 111m², built sometime between 1996 and 2002, which could now be worth an estimated £296,985. It was last sold for £258,000 in September 2021, which was around 62% above the average September 2021 terraced price in the Stafford local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

3 MILLENNIUM WAY Sold Prices

Land registry data shows four sales for 3 MILLENNIUM WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Stafford local authority area for the corresponding sale date. All of the four 3 MILLENNIUM 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
2021 30 SEP	£258,000	£159,604	62% above HPI
2016 6 MAY	£217,500	£131,398	66% above HPI
2006 31 MAR	£189,950	£112,541	69% above HPI
2001 24 AUG	£109,995	£55,472	98% above HPI

3 MILLENNIUM WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Stafford local authority area over time, sourced from the HPI. The four 3 MILLENNIUM WAY sales between August 2001 and September 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 May 2016 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the September 2021 sale, where it falls to 62% above the HPI. The line then continues to track at 62% above the HPI.

What might 3 MILLENNIUM WAY be worth now?

3 MILLENNIUM WAY might now be worth an estimated £296,985.

This is based on house price inflation of 15.1%, between September 2021 and June 2025, for terraced 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 15.1% inflationary increase is applied to the most recent sale price for 3 MILLENNIUM WAY of £258,000 on 30th September 2021. For the value to have increased from £258,000 to £296,985 over the four years and three months to June 2025, the following assumptions must hold true:

• The value of 3 MILLENNIUM WAY has moved in line with the HPI for terraced houses in the Stafford local authority area.
• The September 2021 sale price of £258,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MILLENNIUM WAY has not materially changed since September 2021.

How Large is 3 MILLENNIUM WAY?

3 MILLENNIUM WAY is 111m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 50% of terraced houses houses in Stone, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Stone, and where 3 MILLENNIUM WAY lies on this distribution: 47% of terraced houses houses are smaller than 3 MILLENNIUM WAY, and 52% of houses are larger. Note that EPC data is not available for all properties in Stone.

3 MILLENNIUM WAY: Plot and Title Map

3 MILLENNIUM WAY sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 3 MILLENNIUM 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 MILLENNIUM 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 MILLENNIUM WAY?

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