9, WESLEY DRIVE, STONE, ST15 8FQ - £224,000

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.

9 WESLEY DRIVE is a small detached house of 87m², built sometime between 1991 and 1995, which could now be worth an estimated £340,223. It was last sold for £224,000 in August 2015, which was around 16% below the average August 2015 detached price in the Stafford local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.

9 WESLEY DRIVE Sold Prices

Land registry data shows two sales for 9 WESLEY DRIVE 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 9 WESLEY DRIVE 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
2015 19 AUG	£224,000	£265,676	16% below HPI
2008 26 MAR	£205,000	£263,479	22% below HPI

9 WESLEY DRIVE 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 9 WESLEY DRIVE sales from March 2008 and August 2015 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 2008 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2015 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 9 WESLEY DRIVE be worth now?

9 WESLEY DRIVE might now be worth an estimated £340,223.

This is based on house price inflation of 51.9%, between August 2015 and May 2026, 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 51.9% inflationary increase is applied to the most recent sale price for 9 WESLEY DRIVE of £224,000 on 19th August 2015. For the value to have increased from £224,000 to £340,223 over the eleven years and three months to May 2026, the following assumptions must hold true:

• The value of 9 WESLEY DRIVE has moved in line with the HPI for detached houses in the Stafford local authority area.
• The August 2015 sale price of £224,000 represented a fair market value for the property.
• The size, condition, and specification of 9 WESLEY DRIVE has not materially changed since August 2015.

How Large is 9 WESLEY DRIVE?

9 WESLEY DRIVE is 87m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 30% of detached houses houses in Stone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stone, and where 9 WESLEY DRIVE lies on this distribution: 22% of detached houses houses are smaller than 9 WESLEY DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Stone.

9 WESLEY DRIVE: Plot and Title Map

9 WESLEY DRIVE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 9 WESLEY DRIVE, 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 9 WESLEY DRIVE). 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 9 WESLEY DRIVE?

9 WESLEY DRIVE is located in STONE, in the ST15 postcode district. The below map shows the position of No. 9 on WESLEY DRIVE.