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
40 SPRING STREET is a very small detached house of 51m², built sometime between 1976 and 1982. It was last sold for £56,500 in March 1999, which was around 30% below the average March 1999 detached price in the Cannock Chase local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 40 SPRING STREET since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cannock Chase local authority area for the corresponding sale date. Both of the two 40 SPRING 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 |
---|---|---|---|
1999 31 MAR | £56,500 | £81,267 | 30% below HPI |
1997 28 NOV | £39,500 | £80,028 | 51% below HPI |
The below graph shows the average detached house price in the Cannock Chase local authority area over time, sourced from the HPI. The two 40 SPRING STREET sales from November 1997 and March 1999 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 1997 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the March 1999 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.
40 SPRING STREET is 51m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 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 40 SPRING STREET lies on this distribution: 1% of detached houses are smaller than 40 SPRING STREET, and 99% of houses are larger. Note that EPC data is not available for all properties in Cannock.
40 SPRING STREET sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 40 SPRING 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 40 SPRING 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.
40 SPRING STREET is located in CANNOCK, in the WS11 postcode district. The below map shows the position of No. 40 on SPRING STREET.