121, BANK STREET, CANNOCK, WS12 2ER - £230,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

121 BANK STREET is a large extended detached house of 120m², built sometime before 1900. It was last sold for £230,500 in June 2021, which was around 19% below the average June 2021 detached price in the Cannock Chase local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

121 BANK STREET Sold Prices

Land registry data shows four sales for 121 BANK STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cannock Chase local authority area for the corresponding sale date. All of the four 121 BANK STREET 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 18 JUN	£230,500	£284,806	19% below HPI
2017 10 MAR	£217,000	£230,260	6% below HPI
2015 30 JUL	£112,000	£210,981	47% below HPI
2000 8 JUN	£81,995	£88,533	7% below HPI

121 BANK STREET 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 four 121 BANK STREET sales between June 2000 and June 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 2017 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the June 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 121 BANK STREET?

121 BANK STREET is 120m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the largest 30% of detached houses in Cannock, based on EPC data. The below chart shows the distribution of detached houses by size in Cannock, and where 121 BANK STREET lies on this distribution: 69% of detached houses are smaller than 121 BANK STREET, and 29% of houses are larger. Note that EPC data is not available for all properties in Cannock.

121 BANK STREET: Plot and Title Map

121 BANK STREET sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 121 BANK STREET, 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 121 BANK STREET). 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 121 BANK STREET?

121 BANK STREET is located in CANNOCK, in the WS12 postcode district. The below map shows the position of No. 121 on BANK STREET.