5, PENZANCE WAY, STAFFORD, ST17 0FL - £292,500

5 PENZANCE WAY is a small extended detached house of 98m², built sometime between 1996 and 2002. It was last sold for £292,500 in August 2021, which was around 12% below the average August 2021 detached price in the Stafford local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was C.

5 PENZANCE WAY Sold Prices

Land registry data shows three sales for 5 PENZANCE WAY 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 5 PENZANCE WAY 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
2021 16 AUG	£292,500	£330,838	12% below HPI
2013 8 MAR	£225,000	£232,885	3% below HPI
2002 25 SEP	£148,000	£154,022	4% below HPI

5 PENZANCE 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 three 5 PENZANCE WAY sales between September 2002 and August 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 March 2013 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2021 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 5 PENZANCE WAY?

5 PENZANCE WAY is 98m², which includes one extension, according to the EPC inspection conducted in November 2012. This puts it in the smallest 40% of detached houses in Stafford, based on EPC data. The below chart shows the distribution of detached houses by size in Stafford, and where 5 PENZANCE WAY lies on this distribution: 35% of detached houses are smaller than 5 PENZANCE WAY, and 64% of houses are larger. Note that EPC data is not available for all properties in Stafford.

5 PENZANCE WAY: Plot and Title Map

5 PENZANCE WAY sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 5 PENZANCE 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 5 PENZANCE 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 5 PENZANCE WAY?

5 PENZANCE WAY is located in STAFFORD, in the ST17 postcode district. The below map shows the position of No. 5 on PENZANCE WAY.