38, NEWLANDS LANE, CANNOCK, WS12 3HH - £334,000

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

38 NEWLANDS LANE is a small extended detached house of 84m², built sometime between 1950 and 1966. It was last sold for £334,000 in December 2023, which was around 2% above the average December 2023 detached price in the Cannock Chase local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was C.

38 NEWLANDS LANE Sold Prices

Land registry data shows three sales for 38 NEWLANDS 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. The three 38 NEWLANDS LANE sales were a mix of above the average price, and roughly equal to 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
2023 14 DEC	£334,000	£328,204	2% above HPI
2019 25 JAN	£250,000	£249,371	Close to HPI
2016 22 SEP	£235,000	£222,886	5% above HPI

38 NEWLANDS 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 38 NEWLANDS LANE sales between September 2016 and December 2023 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 January 2019 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2023 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 38 NEWLANDS LANE?

38 NEWLANDS LANE is 84m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the smallest 30% of detached houses in Cannock, based on EPC data. The below chart shows the distribution of detached houses by size in Cannock, and where 38 NEWLANDS LANE lies on this distribution: 20% of detached houses are smaller than 38 NEWLANDS LANE, and 79% of houses are larger. Note that EPC data is not available for all properties in Cannock.

38 NEWLANDS LANE: Plot and Title Map

38 NEWLANDS LANE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 38 NEWLANDS 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 38 NEWLANDS 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 38 NEWLANDS LANE?

38 NEWLANDS LANE is located in CANNOCK, in the WS12 postcode district. The below map shows the position of No. 38 on NEWLANDS LANE.