39, CHESTNUT GROVE, STONE, ST15 8GP - £118,700

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.

39 CHESTNUT GROVE is a very small terraced house of 61m², built sometime between 1996 and 2002, which could now be worth an estimated £211,901. It was last sold for £118,700 in March 2012, which was around 7% above the average March 2012 terraced price in the Stafford local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

39 CHESTNUT GROVE Sold Prices

Land registry data shows five sales for 39 CHESTNUT GROVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Stafford local authority area for the corresponding sale date. Most of the five 39 CHESTNUT GROVE 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
2012 30 MAR	£118,700	£110,921	7% above HPI
2008 12 SEP	£121,000	£123,310	2% below HPI
2003 9 MAY	£92,950	£78,550	18% above HPI
2001 24 AUG	£64,950	£55,472	17% above HPI
1997 12 NOV	£49,500	£38,491	29% above HPI

39 CHESTNUT GROVE 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 five 39 CHESTNUT GROVE sales between November 1997 and March 2012 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 September 2008 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2012 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 39 CHESTNUT GROVE be worth now?

39 CHESTNUT GROVE might now be worth an estimated £211,901.

This is based on house price inflation of 78.5%, between March 2012 and May 2026, 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 78.5% inflationary increase is applied to the most recent sale price for 39 CHESTNUT GROVE of £118,700 on 30th March 2012. For the value to have increased from £118,700 to £211,901 over the thirteen years and ten months to May 2026, the following assumptions must hold true:

• The value of 39 CHESTNUT GROVE has moved in line with the HPI for terraced houses in the Stafford local authority area.
• The March 2012 sale price of £118,700 represented a fair market value for the property.
• The size, condition, and specification of 39 CHESTNUT GROVE has not materially changed since March 2012.

How Large is 39 CHESTNUT GROVE?

39 CHESTNUT GROVE is 61m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 10% 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 39 CHESTNUT GROVE lies on this distribution: 6% of terraced houses houses are smaller than 39 CHESTNUT GROVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Stone.

39 CHESTNUT GROVE: Plot and Title Map

39 CHESTNUT GROVE sits on a plot of roughly 0.039 of an acre, or 157m². The below map shows the location of 39 CHESTNUT GROVE, 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 39 CHESTNUT GROVE). 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 39 CHESTNUT GROVE?

39 CHESTNUT GROVE is located in STONE, in the ST15 postcode district. The below map shows the position of No. 39 on CHESTNUT GROVE.