41, GRAVEL LANE, STAFFORD, ST17 9HR - £235,000

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.

41 GRAVEL LANE is a small detached house of 99m², built sometime between 1950 and 1966, which could now be worth an estimated £278,010. It was last sold for £235,000 in September 2020, which was around 26% below the average September 2020 detached price in the Stafford local authority area. The most recent EPC inspection was May 2020, where the current energy rating was B, and the potential energy rating was B.

41 GRAVEL LANE Sold Prices

Land registry data shows two sales for 41 GRAVEL LANE 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 41 GRAVEL LANE 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
2020 11 SEP	£235,000	£319,338	26% below HPI
2002 22 FEB	£90,000	£138,931	35% below HPI

41 GRAVEL LANE 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 41 GRAVEL LANE sales from February 2002 and September 2020 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 February 2002 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2020 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 41 GRAVEL LANE be worth now?

41 GRAVEL LANE might now be worth an estimated £278,010.

This is based on house price inflation of 18.3%, between September 2020 and June 2025, 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 18.3% inflationary increase is applied to the most recent sale price for 41 GRAVEL LANE of £235,000 on 11th September 2020. For the value to have increased from £235,000 to £278,010 over the five years and three months to June 2025, the following assumptions must hold true:

• The value of 41 GRAVEL LANE has moved in line with the HPI for detached houses in the Stafford local authority area.
• The September 2020 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 41 GRAVEL LANE has not materially changed since September 2020.

How Large is 41 GRAVEL LANE?

41 GRAVEL LANE is 99m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 40% of detached houses houses in Stafford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stafford, and where 41 GRAVEL LANE lies on this distribution: 36% of detached houses houses are smaller than 41 GRAVEL LANE, and 64% of houses are larger. Note that EPC data is not available for all properties in Stafford.

41 GRAVEL LANE: Plot and Title Map

41 GRAVEL LANE sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 41 GRAVEL 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 41 GRAVEL 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 41 GRAVEL LANE?

41 GRAVEL LANE is located in STAFFORD, in the ST17 postcode district. The below map shows the position of No. 41 on GRAVEL LANE.