12, NEWMARKET ROAD, NORTON CANES, CANNOCK, WS11 9FF - £240,000

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.

12 NEWMARKET ROAD is a very large extended detached house of 142m², built sometime between 1996 and 2002, which could now be worth an estimated £323,591. It was last sold for £240,000 in March 2019, which was around 4% below the average March 2019 detached price in the Cannock Chase local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

12 NEWMARKET ROAD Sold Prices

Land registry data shows three sales for 12 NEWMARKET ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cannock Chase local authority area for the corresponding sale date. One of the three 12 NEWMARKET ROAD sales was for below the average price, whilst two 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
2019 18 MAR	£240,000	£250,364	4% below HPI
2003 24 SEP	£172,500	£156,137	10% above HPI
2002 31 JAN	£150,400	£103,236	46% above HPI

12 NEWMARKET ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cannock Chase local authority area over time, sourced from the HPI. The three 12 NEWMARKET ROAD sales between January 2002 and March 2019 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 September 2003 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the March 2019 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 12 NEWMARKET ROAD be worth now?

12 NEWMARKET ROAD might now be worth an estimated £323,591.

This is based on house price inflation of 34.8%, between March 2019 and February 2025, for detached houses, in the Cannock Chase 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 12 NEWMARKET ROAD of £240,000 on 18th March 2019. For the value to have increased from £240,000 to £323,591 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 12 NEWMARKET ROAD has moved in line with the HPI for detached houses in the Cannock Chase local authority area.
• The March 2019 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 12 NEWMARKET ROAD has not materially changed since March 2019.

How Large is 12 NEWMARKET ROAD?

12 NEWMARKET ROAD is 142m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the largest 20% of detached houses houses in Norton Canes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norton Canes, and where 12 NEWMARKET ROAD lies on this distribution: 87% of detached houses houses are smaller than 12 NEWMARKET ROAD, and 13% of houses are larger. Note that EPC data is not available for all properties in Norton Canes.

12 NEWMARKET ROAD: Plot and Title Map

12 NEWMARKET ROAD sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 12 NEWMARKET ROAD, 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 12 NEWMARKET ROAD). 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 12 NEWMARKET ROAD?

12 NEWMARKET ROAD is located in NORTON CANES, in the WS11 postcode district. The below map shows the position of No. 12 on NEWMARKET ROAD.