5, WATERSMEAD CLOSE, CANNOCK, WS12 2GJ - £225,000

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

5 WATERSMEAD CLOSE is a very small detached house of 75m², built sometime between 1991 and 1995. It was last sold for £225,000 in October 2021, which was around 24% below the average October 2021 detached price in the Cannock Chase local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.

5 WATERSMEAD CLOSE Sold Prices

Land registry data shows five sales for 5 WATERSMEAD CLOSE since 1^st 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 5 WATERSMEAD CLOSE 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
2021 1 OCT	£225,000	£295,970	24% below HPI
2017 27 JUL	£178,000	£226,420	21% below HPI
2007 15 MAR	£168,650	£194,652	13% below HPI
2004 4 FEB	£139,300	£158,429	12% below HPI
1998 3 MAR	£67,500	£74,561	9% below HPI

5 WATERSMEAD CLOSE 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 five 5 WATERSMEAD CLOSE sales between March 1998 and October 2021 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 July 2017 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2021 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 5 WATERSMEAD CLOSE?

5 WATERSMEAD CLOSE is 75m² according to the EPC inspection conducted in February 2017. 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 5 WATERSMEAD CLOSE lies on this distribution: 11% of detached houses are smaller than 5 WATERSMEAD CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Cannock.

5 WATERSMEAD CLOSE: Plot and Title Map

5 WATERSMEAD CLOSE sits on a plot of roughly 0.086 of an acre, or 346m². The below map shows the location of 5 WATERSMEAD CLOSE, 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 5 WATERSMEAD CLOSE). 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 5 WATERSMEAD CLOSE?

5 WATERSMEAD CLOSE is located in CANNOCK, in the WS12 postcode district. The below map shows the position of No. 5 on WATERSMEAD CLOSE.