30, CHERRY BANK, HEDNESFORD, CANNOCK, WS12 4DF - £165,000

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.

30 CHERRY BANK is a very small terraced house of 60m², built sometime between 2003 and 2006, which could now be worth an estimated £225,723. It was last sold for £165,000 in March 2020, which was around 26% above the average March 2020 terraced price in the Cannock Chase local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

30 CHERRY BANK Sold Prices

Land registry data shows three sales for 30 CHERRY BANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Cannock Chase local authority area for the corresponding sale date. Two of the three 30 CHERRY BANK sales were for above the average price, whilst one was 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
2020 27 MAR	£165,000	£131,225	26% above HPI
2019 30 AUG	£162,500	£127,653	27% above HPI
2000 12 JUN	£14,750	£41,622	65% below HPI

30 CHERRY BANK Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cannock Chase local authority area over time, sourced from the HPI. The three 30 CHERRY BANK sales between June 2000 and March 2020 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 2019 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the March 2020 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 30 CHERRY BANK be worth now?

30 CHERRY BANK might now be worth an estimated £225,723.

This is based on house price inflation of 36.8%, between March 2020 and May 2026, for terraced 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 36.8% inflationary increase is applied to the most recent sale price for 30 CHERRY BANK of £165,000 on 27th March 2020. For the value to have increased from £165,000 to £225,723 over the five years and ten months to May 2026, the following assumptions must hold true:

• The value of 30 CHERRY BANK has moved in line with the HPI for terraced houses in the Cannock Chase local authority area.
• The March 2020 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 30 CHERRY BANK has not materially changed since March 2020.

How Large is 30 CHERRY BANK?

30 CHERRY BANK is 60m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of terraced houses houses in Cannock, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Cannock, and where 30 CHERRY BANK lies on this distribution: 2% of terraced houses houses are smaller than 30 CHERRY BANK, and 98% of houses are larger. Note that EPC data is not available for all properties in Cannock.

30 CHERRY BANK: Plot and Title Map

30 CHERRY BANK sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 30 CHERRY BANK, 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 30 CHERRY BANK). 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 30 CHERRY BANK?

30 CHERRY BANK is located in HEDNESFORD, in the WS12 postcode district. The below map shows the position of No. 30 on CHERRY BANK.