55, OLD PENKRIDGE ROAD, CANNOCK, WS11 1HY - £950,000

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 OLD PENKRIDGE ROAD is a very large extended detached house of 344m², built sometime between 2003 and 2006, which could now be worth an estimated £1,277,922. It was last sold for £950,000 in February 2019, which was around 279% 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.

55 OLD PENKRIDGE ROAD Sold Prices

Land registry data shows three sales for 55 OLD PENKRIDGE ROAD since 1^st 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	£250,944	279% above HPI
2005 29 JUL	£475,000	£177,631	167% above HPI
2000 20 APR	£190,000	£88,330	115% above HPI

55 OLD 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 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 279% above the HPI. The line then continues to track at 279% above the HPI.

What might 55 OLD PENKRIDGE ROAD be worth now?

55 OLD PENKRIDGE ROAD might now be worth an estimated £1,277,922.

This is based on house price inflation of 34.5%, between February 2019 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 34.5% inflationary increase is applied to the most recent sale price for 55 OLD PENKRIDGE ROAD of £950,000 on 22nd February 2019. For the value to have increased from £950,000 to £1,277,922 over the six years to February 2025, the following assumptions must hold true:

• The value of 55 OLD PENKRIDGE ROAD has moved in line with the HPI for detached houses in the Cannock Chase local authority area.
• The February 2019 sale price of £950,000 represented a fair market value for the property.
• The size, condition, and specification of 55 OLD PENKRIDGE ROAD has not materially changed since February 2019.

How Large is 55 OLD PENKRIDGE ROAD?

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 houses in Cannock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cannock, and where 55 OLD PENKRIDGE ROAD lies on this distribution: More than 99% of detached houses 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: Plot and Title Map

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.

Where is 55 OLD PENKRIDGE ROAD?

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.