16, PENNYCRESS GREEN, NORTON CANES, CANNOCK, WS11 9SX - £137,000

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.

16 PENNYCRESS GREEN is a very small detached house of 51m², built sometime between 1950 and 1966, which could now be worth an estimated £214,666. It was last sold for £137,000 in February 2016, which was around 36% below the average February 2016 detached price in the Cannock Chase local authority area. The most recent EPC inspection was December 2023, where the current energy rating was D, and the potential energy rating was B.

16 PENNYCRESS GREEN Sold Prices

Land registry data shows three sales for 16 PENNYCRESS GREEN 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. All of the three 16 PENNYCRESS GREEN 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 5 FEB	£137,000	£215,434	36% below HPI
2007 30 NOV	£170,000	£209,553	19% below HPI
2001 30 AUG	£94,000	£101,273	7% below HPI

16 PENNYCRESS GREEN 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 16 PENNYCRESS GREEN sales between August 2001 and February 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 November 2007 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2016 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 16 PENNYCRESS GREEN be worth now?

16 PENNYCRESS GREEN might now be worth an estimated £214,666.

This is based on house price inflation of 56.7%, between February 2016 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 56.7% inflationary increase is applied to the most recent sale price for 16 PENNYCRESS GREEN of £137,000 on 5th February 2016. For the value to have increased from £137,000 to £214,666 over the nine years to February 2025, the following assumptions must hold true:

• The value of 16 PENNYCRESS GREEN has moved in line with the HPI for detached houses in the Cannock Chase local authority area.
• The February 2016 sale price of £137,000 represented a fair market value for the property.
• The size, condition, and specification of 16 PENNYCRESS GREEN has not materially changed since February 2016.

How Large is 16 PENNYCRESS GREEN?

16 PENNYCRESS GREEN is 51m² according to the EPC inspection conducted in December 2023. This puts it in the smallest 10% 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 16 PENNYCRESS GREEN lies on this distribution: Less than 1% of detached houses houses are smaller than 16 PENNYCRESS GREEN, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Norton Canes.

16 PENNYCRESS GREEN: Plot and Title Map

16 PENNYCRESS GREEN sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 16 PENNYCRESS GREEN, 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 16 PENNYCRESS GREEN). 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 16 PENNYCRESS GREEN?

16 PENNYCRESS GREEN is located in NORTON CANES, in the WS11 postcode district. The below map shows the position of No. 16 on PENNYCRESS GREEN.