18, BANK STREET, CANNOCK, WS12 2ET - £250,000

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

18 BANK STREET is a very large extended detached house of 185m², built sometime between 1967 and 1975. It was last sold for £250,000 in June 2020, which was around 4% below the average June 2020 detached price in the Cannock Chase local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was C.

18 BANK STREET Sold Prices

Land registry data shows three sales for 18 BANK STREET 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 18 BANK STREET 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
2020 12 JUN	£250,000	£260,776	4% below HPI
2011 3 JUN	£205,000	£184,164	11% above HPI
2001 2 APR	£112,000	£95,205	18% above HPI

18 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 three 18 BANK STREET sales between April 2001 and June 2020 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 June 2011 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the June 2020 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 18 BANK STREET?

18 BANK STREET is 185m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 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 18 BANK STREET lies on this distribution: 96% of detached houses are smaller than 18 BANK STREET, and 4% of houses are larger. Note that EPC data is not available for all properties in Cannock.

18 BANK STREET: Plot and Title Map

18 BANK STREET sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 18 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 18 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 18 BANK STREET?

18 BANK STREET is located in CANNOCK, in the WS12 postcode district. The below map shows the position of No. 18 on BANK STREET.