58, OLD PENKRIDGE ROAD, CANNOCK, WS11 1HX - £600,000

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.

58 OLD PENKRIDGE ROAD is a very large extended detached house of 160m², built sometime between 1930 and 1949, which could now be worth an estimated £638,515. It was last sold for £600,000 in June 2022, which was around 89% above the average June 2022 detached price in the Cannock Chase local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

58 OLD PENKRIDGE ROAD Sold Prices

Land registry data shows three sales for 58 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 58 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
2022 1 JUN	£600,000	£317,203	89% above HPI
2015 2 MAR	£380,000	£204,051	86% above HPI
2003 4 APR	£311,500	£135,724	130% above HPI

58 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 58 OLD PENKRIDGE ROAD sales between April 2003 and June 2022 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 2015 sale was for 86% above the HPI. So the extrapolation line tracks at 86% above the HPI over time, until the June 2022 sale, where it rises to 89% above the HPI. The line then continues to track at 89% above the HPI.

What might 58 OLD PENKRIDGE ROAD be worth now?

58 OLD PENKRIDGE ROAD might now be worth an estimated £638,515.

This is based on house price inflation of 6.4%, between June 2022 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 6.4% inflationary increase is applied to the most recent sale price for 58 OLD PENKRIDGE ROAD of £600,000 on 1st June 2022. For the value to have increased from £600,000 to £638,515 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 58 OLD PENKRIDGE ROAD has moved in line with the HPI for detached houses in the Cannock Chase local authority area.
• The June 2022 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of 58 OLD PENKRIDGE ROAD has not materially changed since June 2022.

How Large is 58 OLD PENKRIDGE ROAD?

58 OLD PENKRIDGE ROAD is 160m², which includes one extension, according to the EPC inspection conducted in May 2011. 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 58 OLD PENKRIDGE ROAD lies on this distribution: 91% of detached houses houses are smaller than 58 OLD PENKRIDGE ROAD, and 8% of houses are larger. Note that EPC data is not available for all properties in Cannock.

58 OLD PENKRIDGE ROAD: Plot and Title Map

58 OLD PENKRIDGE ROAD sits on a plot of roughly 0.173 of an acre, or 701m². The below map shows the location of 58 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 58 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 58 OLD PENKRIDGE ROAD?

58 OLD PENKRIDGE ROAD is located in CANNOCK, in the WS11 postcode district. The below map shows the position of No. 58 on OLD PENKRIDGE ROAD.