46, NEW PENKRIDGE ROAD, CANNOCK, WS11 1HW - £507,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

46 NEW PENKRIDGE ROAD is a very large detached house of 141m², built sometime between 1900 and 1929, which could now be worth an estimated £523,425. It was last sold for £507,500 in June 2023, which was around 55% above the average June 2023 detached price in the Cannock Chase local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was C.

46 NEW PENKRIDGE ROAD Sold Prices

Land registry data shows four sales for 46 NEW PENKRIDGE ROAD 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 46 NEW PENKRIDGE 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
2023 23 JUN	£507,500	£327,295	55% above HPI
2020 27 NOV	£395,000	£274,304	44% above HPI
2015 18 SEP	£310,000	£212,528	46% above HPI
2002 6 JUN	£185,000	£115,871	60% above HPI

46 NEW PENKRIDGE ROAD 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 46 NEW PENKRIDGE ROAD sales between June 2002 and June 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 November 2020 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the June 2023 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might 46 NEW PENKRIDGE ROAD be worth now?

46 NEW PENKRIDGE ROAD might now be worth an estimated £523,425.

This is based on house price inflation of 3.1%, between June 2023 and February 2025, for detached houses, in the Cannock Chase local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.1% inflationary increase is applied to the most recent sale price for 46 NEW PENKRIDGE ROAD of £507,500 on 23rd June 2023. For the value to have increased from £507,500 to £523,425 over the two years and four months to February 2025, the following assumptions must hold true:

• The value of 46 NEW PENKRIDGE ROAD has moved in line with the HPI for detached houses in the Cannock Chase local authority area.
• The June 2023 sale price of £507,500 represented a fair market value for the property.
• The size, condition, and specification of 46 NEW PENKRIDGE ROAD has not materially changed since June 2023.

How Large is 46 NEW PENKRIDGE ROAD?

46 NEW PENKRIDGE ROAD is 141m² according to the EPC inspection conducted in July 2020. This puts it in the largest 20% of detached houses houses in Cannock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cannock, and where 46 NEW PENKRIDGE ROAD lies on this distribution: 85% of detached houses houses are smaller than 46 NEW PENKRIDGE ROAD, and 14% of houses are larger. Note that EPC data is not available for all properties in Cannock.

46 NEW PENKRIDGE ROAD: Plot and Title Map

46 NEW PENKRIDGE ROAD sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 46 NEW PENKRIDGE 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 46 NEW PENKRIDGE 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.

Where is 46 NEW PENKRIDGE ROAD?

46 NEW PENKRIDGE ROAD is located in CANNOCK, in the WS11 postcode district. The below map shows the position of No. 46 on NEW PENKRIDGE ROAD.