2, GORSEY LANE, CANNOCK, WS11 1EY - £577,500

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

2 GORSEY LANE is a very large extended detached house of 301m², built sometime from 2007 onwards. It was last sold for £577,500 in July 2020, which was around 121% above the average July 2020 detached price in the Cannock Chase local authority area. The most recent EPC inspection was May 2019, where the current energy rating was B, and the potential energy rating was B.

2 GORSEY LANE Sold Prices

Land registry data shows three sales for 2 GORSEY LANE 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. Two of the three 2 GORSEY LANE sales were for above the average price, whilst one was 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
2020 2 JUL	£577,500	£260,921	121% above HPI
2001 19 FEB	£105,000	£96,310	9% above HPI
1996 12 JAN	£66,000	£70,041	6% below HPI

2 GORSEY LANE 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 2 GORSEY LANE sales between January 1996 and July 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 February 2001 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the July 2020 sale, where it rises to 121% above the HPI. The line then continues to track at 121% above the HPI.

How Large is 2 GORSEY LANE?

2 GORSEY LANE is 301m², which includes one extension, according to the EPC inspection conducted in May 2019. 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 2 GORSEY LANE lies on this distribution: More than 99% of detached houses are smaller than 2 GORSEY LANE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Cannock.

2 GORSEY LANE: Plot and Title Map

2 GORSEY LANE sits on a plot of roughly 0.193 of an acre, or 781m². The below map shows the location of 2 GORSEY LANE, 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 2 GORSEY LANE). 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 2 GORSEY LANE?

2 GORSEY LANE is located in CANNOCK, in the WS11 postcode district. The below map shows the position of No. 2 on GORSEY LANE.