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
57 GORSEY LANE is a very large extended detached house of 160m², built sometime between 1930 and 1949. It was last sold for £620,000 in February 2023, which was around 83% above the average February 2023 detached price in the Cannock Chase local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 57 GORSEY LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cannock Chase local authority area for the corresponding sale date. Both of the two 57 GORSEY LANE 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 |
---|---|---|---|
2023 24 FEB | £620,000 | £337,924 | 83% above HPI |
2005 17 MAR | £230,000 | £187,459 | 23% 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 two 57 GORSEY LANE sales from March 2005 and February 2023 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 March 2005 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the February 2023 sale, where it rises to 83% above the HPI. The line then continues to track at 83% above the HPI.
57 GORSEY LANE is 160m², which includes four extensions, according to the EPC inspection conducted in December 2022. 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 57 GORSEY LANE lies on this distribution: 91% of detached houses are smaller than 57 GORSEY LANE, and 9% of houses are larger. Note that EPC data is not available for all properties in Cannock.
57 GORSEY LANE sits on a plot of roughly 0.170 of an acre, or 686m². The below map shows the location of 57 GORSEY LANE, 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 57 GORSEY LANE). 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.
57 GORSEY LANE is located in CANNOCK, in the WS11 postcode district. The below map shows the position of No. 57 on GORSEY LANE.