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
23 PENKRIDGE BANK ROAD is a very small detached house of 95m², built sometime between 1967 and 1975. It was last sold for £360,000 in April 2019, which was around 44% above the average April 2019 detached price in the Cannock Chase local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 23 PENKRIDGE BANK ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cannock Chase local authority area for the corresponding sale date. All of the five 23 PENKRIDGE BANK ROAD 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 |
---|---|---|---|
2019 5 APR | £360,000 | £249,945 | 44% above HPI |
2008 21 NOV | £310,000 | £185,947 | 67% above HPI |
2001 23 FEB | £160,000 | £96,310 | 66% above HPI |
1998 16 DEC | £110,000 | £78,721 | 40% above HPI |
1996 7 JUN | £94,320 | £69,561 | 36% above HPI |
The below graph shows the average detached house price in the Cannock Chase local authority area over time, sourced from the HPI. The five 23 PENKRIDGE BANK ROAD sales between June 1996 and April 2019 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 2008 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the April 2019 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.
23 PENKRIDGE BANK ROAD is 95m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 10% of detached houses in Slitting Mill, based on EPC data. The below chart shows the distribution of detached houses by size in Slitting Mill, and where 23 PENKRIDGE BANK ROAD lies on this distribution: 6% of detached houses are smaller than 23 PENKRIDGE BANK ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Slitting Mill.
23 PENKRIDGE BANK ROAD sits on a plot of roughly 0.186 of an acre, or 751m². The below map shows the location of 23 PENKRIDGE BANK ROAD, 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 23 PENKRIDGE BANK ROAD). 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.
23 PENKRIDGE BANK ROAD is located in RUGELEY, in the WS15 postcode district. The below map shows the position of No. 23 on PENKRIDGE BANK ROAD.