5, SALT WORKS LANE, WESTON, STAFFORD, ST18 0LW - £188,000

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.

5 SALT WORKS LANE is a very small semi-detached house of 76m², which could now be worth an estimated £253,488. It was last sold for £188,000 in January 2020, which was around 2% above the average January 2020 semi-detached price in the Stafford local authority area. The most recent EPC inspection was November 2011, where the current energy rating was C, and the potential energy rating was C.

5 SALT WORKS LANE Sold Prices

Land registry data shows two sales for 5 SALT WORKS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Stafford local authority area for the corresponding sale date. Both of the two 5 SALT WORKS LANE 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
2020 10 JAN	£188,000	£185,100	2% above HPI
2016 15 JUL	£171,300	£169,954	1% above HPI

5 SALT WORKS LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Stafford local authority area over time, sourced from the HPI. The two 5 SALT WORKS LANE sales from July 2016 and January 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 July 2016 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the January 2020 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 5 SALT WORKS LANE be worth now?

5 SALT WORKS LANE might now be worth an estimated £253,488.

This is based on house price inflation of 34.8%, between January 2020 and March 2025, for semi-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 34.8% inflationary increase is applied to the most recent sale price for 5 SALT WORKS LANE of £188,000 on 10th January 2020. For the value to have increased from £188,000 to £253,488 over the four years and ten months to March 2025, the following assumptions must hold true:

• The value of 5 SALT WORKS LANE has moved in line with the HPI for semi-detached houses in the Stafford local authority area.
• The January 2020 sale price of £188,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SALT WORKS LANE has not materially changed since January 2020.

How Large is 5 SALT WORKS LANE?

5 SALT WORKS LANE is 76m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 10% of semi-detached houses houses in Weston, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Weston, and where 5 SALT WORKS LANE lies on this distribution: 5% of semi-detached houses houses are smaller than 5 SALT WORKS LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Weston.

5 SALT WORKS LANE: Plot and Title Map

5 SALT WORKS LANE sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 5 SALT WORKS 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 5 SALT WORKS 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 5 SALT WORKS LANE?

5 SALT WORKS LANE is located in WESTON, in the ST18 postcode district. The below map shows the position of No. 5 on SALT WORKS LANE.