56, HORSESHOE DRIVE, CANNOCK, WS12 0FR - £273,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

56 HORSESHOE DRIVE is a large detached house of 119m², built sometime between 2003 and 2006. It was last sold for £273,500 in February 2018, which was around 15% above the average February 2018 detached price in the Cannock Chase local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

56 HORSESHOE DRIVE Sold Prices

Land registry data shows three sales for 56 HORSESHOE DRIVE 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 56 HORSESHOE DRIVE 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
2018 9 FEB	£273,500	£237,539	15% above HPI
2016 22 SEP	£265,000	£222,886	19% above HPI
2004 4 JUN	£202,500	£164,959	23% above HPI

56 HORSESHOE 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 three 56 HORSESHOE DRIVE sales between June 2004 and February 2018 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 September 2016 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the February 2018 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 56 HORSESHOE DRIVE?

56 HORSESHOE DRIVE is 119m² according to the EPC inspection conducted in March 2016. This puts it in the largest 40% of detached houses in Cannock, based on EPC data. The below chart shows the distribution of detached houses by size in Cannock, and where 56 HORSESHOE DRIVE lies on this distribution: 68% of detached houses are smaller than 56 HORSESHOE DRIVE, and 31% of houses are larger. Note that EPC data is not available for all properties in Cannock.

56 HORSESHOE DRIVE: Plot and Title Map

56 HORSESHOE DRIVE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 56 HORSESHOE 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 56 HORSESHOE 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 56 HORSESHOE DRIVE?

56 HORSESHOE DRIVE is located in CANNOCK, in the WS12 postcode district. The below map shows the position of No. 56 on HORSESHOE DRIVE.