3, WALLACE CLOSE, NORTON CANES, CANNOCK, WS11 9TH - £144,000

3 WALLACE CLOSE is a very small detached house of 63m², built sometime between 1976 and 1982. It was last sold for £144,000 in July 2005, which was around 19% below the average July 2005 detached price in the Cannock Chase local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

3 WALLACE CLOSE Sold Prices

Land registry data shows three sales for 3 WALLACE CLOSE 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 3 WALLACE CLOSE 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
2005 18 JUL	£144,000	£177,843	19% below HPI
2005 2 FEB	£110,000	£187,189	41% below HPI
2001 13 JUL	£69,950	£100,141	30% below HPI

3 WALLACE CLOSE 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 3 WALLACE CLOSE sales between July 2001 and July 2005 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 February 2005 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the July 2005 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 3 WALLACE CLOSE?

3 WALLACE CLOSE is 63m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of detached houses in Norton Canes, based on EPC data. The below chart shows the distribution of detached houses by size in Norton Canes, and where 3 WALLACE CLOSE lies on this distribution: 3% of detached houses are smaller than 3 WALLACE CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Norton Canes.

3 WALLACE CLOSE: Plot and Title Map

3 WALLACE CLOSE sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 3 WALLACE CLOSE, 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 3 WALLACE CLOSE). 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 3 WALLACE CLOSE?

3 WALLACE CLOSE is located in NORTON CANES, in the WS11 postcode district. The below map shows the position of No. 3 on WALLACE CLOSE.