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
55 OLD PENKRIDGE ROAD is a very large extended detached house of 344m², built sometime between 2003 and 2006. It was last sold for £950,000 in February 2019, which was around 278% above the average February 2019 detached price in the Cannock Chase local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 55 OLD PENKRIDGE ROAD since 1st 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. All of the three 55 OLD 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 |
---|---|---|---|
2019 22 FEB | £950,000 | £251,243 | 278% above HPI |
2005 29 JUL | £475,000 | £177,843 | 167% above HPI |
2000 20 APR | £190,000 | £88,435 | 115% above HPI |
The below graph shows the average detached house price in the Cannock Chase local authority area over time, sourced from the HPI. The three 55 OLD PENKRIDGE ROAD sales between April 2000 and February 2019 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 2005 sale was for 167% above the HPI. So the extrapolation line tracks at 167% above the HPI over time, until the February 2019 sale, where it rises to 278% above the HPI. The line then continues to track at 278% above the HPI.
55 OLD PENKRIDGE ROAD is 344m², which includes two extensions, according to the EPC inspection conducted in June 2016. This puts it in the largest 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 55 OLD PENKRIDGE ROAD lies on this distribution: More than 99% of detached houses are smaller than 55 OLD PENKRIDGE ROAD, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Cannock.
55 OLD PENKRIDGE ROAD sits on a plot of roughly 0.422 of an acre, or 1,707m². The below map shows the location of 55 OLD 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 55 OLD 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.
55 OLD PENKRIDGE ROAD is located in CANNOCK, in the WS11 postcode district. The below map shows the position of No. 55 on OLD PENKRIDGE ROAD.