55, LAKESIDE DRIVE, NORTON CANES, CANNOCK, WS11 9RH - £285,000

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.

55 LAKESIDE DRIVE is a very large extended detached house of 157m², built sometime between 1967 and 1975, which could now be worth an estimated £298,872. It was last sold for £285,000 in April 2024, which was around 11% below the average April 2024 detached price in the Cannock Chase local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

55 LAKESIDE DRIVE Sold Prices

Land registry data shows four sales for 55 LAKESIDE DRIVE 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 55 LAKESIDE DRIVE 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
2024 30 APR	£285,000	£321,897	11% below HPI
2015 26 JAN	£175,000	£204,992	15% below HPI
2007 7 DEC	£180,000	£212,917	15% below HPI
2004 2 JUL	£138,000	£167,781	18% below HPI

55 LAKESIDE DRIVE 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 55 LAKESIDE DRIVE sales between July 2004 and April 2024 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 2015 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2024 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 55 LAKESIDE DRIVE be worth now?

55 LAKESIDE DRIVE might now be worth an estimated £298,872.

This is based on house price inflation of 4.9%, between April 2024 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 4.9% inflationary increase is applied to the most recent sale price for 55 LAKESIDE DRIVE of £285,000 on 30th April 2024. For the value to have increased from £285,000 to £298,872 over the one year and two months to February 2025, the following assumptions must hold true:

• The value of 55 LAKESIDE DRIVE has moved in line with the HPI for detached houses in the Cannock Chase local authority area.
• The April 2024 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 55 LAKESIDE DRIVE has not materially changed since April 2024.

How Large is 55 LAKESIDE DRIVE?

55 LAKESIDE DRIVE is 157m², which includes two extensions, according to the EPC inspection conducted in September 2014. This puts it in the largest 10% of detached houses houses in Norton Canes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norton Canes, and where 55 LAKESIDE DRIVE lies on this distribution: 93% of detached houses houses are smaller than 55 LAKESIDE DRIVE, and 7% of houses are larger. Note that EPC data is not available for all properties in Norton Canes.

55 LAKESIDE DRIVE: Plot and Title Map

55 LAKESIDE DRIVE sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 55 LAKESIDE DRIVE, 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 55 LAKESIDE DRIVE). 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 55 LAKESIDE DRIVE?

55 LAKESIDE DRIVE is located in NORTON CANES, in the WS11 postcode district. The below map shows the position of No. 55 on LAKESIDE DRIVE.