8, PROSPECT PLACE, STAFFORD, ST17 4HZ - £198,000

8 PROSPECT PLACE is a small detached house of 96m², built sometime between 2003 and 2006. It was last sold for £198,000 in July 2016, which was around 27% below the average July 2016 detached price in the Stafford local authority area. The most recent EPC inspection was November 2009, where the current energy rating was C, and the potential energy rating was C.

8 PROSPECT PLACE Sold Prices

Land registry data shows three sales for 8 PROSPECT PLACE 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 8 PROSPECT PLACE 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
2016 21 JUL	£198,000	£270,246	27% below HPI
2010 12 FEB	£172,500	£227,855	24% below HPI
2004 27 FEB	£142,450	£186,438	24% below HPI

8 PROSPECT PLACE 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 8 PROSPECT PLACE sales between February 2004 and July 2016 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 2010 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2016 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 8 PROSPECT PLACE?

8 PROSPECT PLACE is 96m² according to the EPC inspection conducted in November 2009. 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 8 PROSPECT PLACE lies on this distribution: 33% of detached houses are smaller than 8 PROSPECT PLACE, and 67% of houses are larger. Note that EPC data is not available for all properties in Stafford.

8 PROSPECT PLACE: Plot and Title Map

8 PROSPECT PLACE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 8 PROSPECT PLACE, 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 8 PROSPECT PLACE). 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 8 PROSPECT PLACE?

8 PROSPECT PLACE is located in STAFFORD, in the ST17 postcode district. The below map shows the position of No. 8 on PROSPECT PLACE.