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
81 OLD PENKRIDGE ROAD is a very large extended detached house of 181m², built sometime between 1930 and 1949. It was last sold for £525,000 in October 2018, which was around 113% above the average October 2018 detached price in the Cannock Chase local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 81 OLD PENKRIDGE ROAD 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 81 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 |
---|---|---|---|
2018 26 OCT | £525,000 | £245,963 | 113% above HPI |
2008 1 AUG | £420,000 | £200,548 | 109% 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 81 OLD PENKRIDGE ROAD sales from August 2008 and October 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 August 2008 sale was for 109% above the HPI. So the extrapolation line tracks at 109% above the HPI over time, until the October 2018 sale, where it rises to 113% above the HPI. The line then continues to track at 113% above the HPI.
81 OLD PENKRIDGE ROAD is 181m², which includes three extensions, according to the EPC inspection conducted in May 2018. 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 81 OLD PENKRIDGE ROAD lies on this distribution: 95% of detached houses are smaller than 81 OLD PENKRIDGE ROAD, and 5% of houses are larger. Note that EPC data is not available for all properties in Cannock.
81 OLD PENKRIDGE ROAD sits on a plot of roughly 0.329 of an acre, or 1,331m². The below map shows the location of 81 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 81 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.
81 OLD PENKRIDGE ROAD is located in CANNOCK, in the WS11 postcode district. The below map shows the position of No. 81 on OLD PENKRIDGE ROAD.