14, PICASSO CLOSE, CANNOCK, WS11 7GN - £65,500

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

14 PICASSO CLOSE is a very small extended detached house of 42m², built sometime between 1991 and 1995. It was last sold for £65,500 in October 2003, which was around 57% below the average October 2003 detached price in the Cannock Chase local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was C.

14 PICASSO CLOSE Sold Prices

Land registry data shows two sales for 14 PICASSO CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cannock Chase local authority area for the corresponding sale date. Both of the two 14 PICASSO CLOSE 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
2003 31 OCT	£65,500	£151,540	57% below HPI
1999 2 JUL	£36,500	£84,325	57% below HPI

14 PICASSO CLOSE 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 two 14 PICASSO CLOSE sales from July 1999 and October 2003 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 1999 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the October 2003 sale, which was also at 57% below the HPI.

How Large is 14 PICASSO CLOSE?

14 PICASSO CLOSE is 42m², which includes two extensions, according to the EPC inspection conducted in October 2020. This puts it in the smallest 10% of detached houses in Cannock, based on EPC data. The below chart shows the distribution of detached houses by size in Cannock, and where 14 PICASSO CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 14 PICASSO CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Cannock.

14 PICASSO CLOSE: Plot and Title Map

14 PICASSO CLOSE sits on a plot of roughly 0.025 of an acre, or 102m². The below map shows the location of 14 PICASSO CLOSE, 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 14 PICASSO CLOSE). 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 14 PICASSO CLOSE?

14 PICASSO CLOSE is located in CANNOCK, in the WS11 postcode district. The below map shows the position of No. 14 on PICASSO CLOSE.