2, MICHIGAN CLOSE, CANNOCK, WS11 7YJ - £245,000

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

2 MICHIGAN CLOSE is a small detached house of 99m², built sometime between 1983 and 1990. It was last sold for £245,000 in January 2017, which was around 6% above the average January 2017 detached price in the Cannock Chase local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

2 MICHIGAN CLOSE Sold Prices

Land registry data shows three sales for 2 MICHIGAN CLOSE 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 2 MICHIGAN CLOSE sales 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
2017 30 JAN	£245,000	£230,740	6% above HPI
2011 21 APR	£205,000	£190,580	8% above HPI
2000 26 MAY	£104,500	£88,756	18% above HPI

2 MICHIGAN 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 three 2 MICHIGAN CLOSE sales between May 2000 and January 2017 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 April 2011 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the January 2017 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 2 MICHIGAN CLOSE?

2 MICHIGAN CLOSE is 99m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 40% 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 MICHIGAN CLOSE lies on this distribution: 39% of detached houses are smaller than 2 MICHIGAN CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Cannock.

2 MICHIGAN CLOSE: Plot and Title Map

2 MICHIGAN CLOSE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 2 MICHIGAN 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 2 MICHIGAN 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 2 MICHIGAN CLOSE?

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