62, BANK STREET, CANNOCK, WS12 2ET - £117,500

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.

62 BANK STREET is a very small semi-detached house of 75m², built sometime before 1900, which could now be worth an estimated £204,706. It was last sold for £117,500 in February 2014, which was around 4% below the average February 2014 semi-detached price in the Cannock Chase local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

62 BANK STREET Sold Prices

Land registry data shows three sales for 62 BANK STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Cannock Chase local authority area for the corresponding sale date. All of the three 62 BANK STREET sales were for below 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
2014 25 FEB	£117,500	£121,788	4% below HPI
2003 19 DEC	£75,000	£94,995	21% below HPI
2001 4 MAY	£41,950	£55,746	25% below HPI

62 BANK STREET Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cannock Chase local authority area over time, sourced from the HPI. The three 62 BANK STREET sales between May 2001 and February 2014 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 December 2003 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2014 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 62 BANK STREET be worth now?

62 BANK STREET might now be worth an estimated £204,706.

This is based on house price inflation of 74.2%, between February 2014 and February 2025, for semi-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 74.2% inflationary increase is applied to the most recent sale price for 62 BANK STREET of £117,500 on 25th February 2014. For the value to have increased from £117,500 to £204,706 over the eleven years to February 2025, the following assumptions must hold true:

• The value of 62 BANK STREET has moved in line with the HPI for semi-detached houses in the Cannock Chase local authority area.
• The February 2014 sale price of £117,500 represented a fair market value for the property.
• The size, condition, and specification of 62 BANK STREET has not materially changed since February 2014.

How Large is 62 BANK STREET?

62 BANK STREET is 75m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 20% of semi-detached houses houses in Cannock, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cannock, and where 62 BANK STREET lies on this distribution: 11% of semi-detached houses houses are smaller than 62 BANK STREET, and 88% of houses are larger. Note that EPC data is not available for all properties in Cannock.

62 BANK STREET: Plot and Title Map

62 BANK STREET sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 62 BANK STREET, 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 62 BANK STREET). 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 62 BANK STREET?

62 BANK STREET is located in CANNOCK, in the WS12 postcode district. The below map shows the position of No. 62 on BANK STREET.