3, BANK STREET, CANNOCK, WS12 2ES - £148,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

3 BANK STREET is a very small extended semi-detached house of 78m², built sometime before 1900. It was last sold for £148,000 in July 2020, which was around 43% below the average July 2020 detached price in the Cannock Chase local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was C.

3 BANK STREET Sold Prices

Land registry data shows four sales for 3 BANK STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cannock Chase local authority area for the corresponding sale date. All of the four 3 BANK STREET 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
2020 31 JUL	£148,000	£260,921	43% below HPI
2017 1 DEC	£117,000	£234,259	50% below HPI
2007 24 AUG	£100,000	£207,635	52% below HPI
2003 14 FEB	£63,000	£127,501	51% below HPI

3 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 four 3 BANK STREET sales between February 2003 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 December 2017 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the July 2020 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 3 BANK STREET?

3 BANK STREET is 78m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 20% of detached houses in Cannock, based on EPC data. The below chart shows the distribution of detached houses by size in Cannock, and where 3 BANK STREET lies on this distribution: 13% of detached houses are smaller than 3 BANK STREET, and 86% of houses are larger. Note that EPC data is not available for all properties in Cannock.

3 BANK STREET: Plot and Title Map

3 BANK STREET sits on a plot of roughly 0.036 of an acre, or 146m². The below map shows the location of 3 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 3 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 3 BANK STREET?

3 BANK STREET is located in CANNOCK, in the WS12 postcode district. The below map shows the position of No. 3 on BANK STREET.