38, OLD PENKRIDGE ROAD, CANNOCK, WS11 1HX - £385,000

38 OLD PENKRIDGE ROAD is a very large extended detached house of 142m², built sometime between 1900 and 1929. It was last sold for £385,000 in August 2020, which was around 45% above the average August 2020 detached price in the Cannock Chase local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

38 OLD PENKRIDGE ROAD Sold Prices

Land registry data shows two sales for 38 OLD PENKRIDGE ROAD since 1^st 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 38 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
2020 21 AUG	£385,000	£265,817	45% above HPI
2007 28 MAR	£320,000	£194,652	64% above HPI

38 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 two 38 OLD PENKRIDGE ROAD sales from March 2007 and August 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 March 2007 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the August 2020 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 38 OLD PENKRIDGE ROAD?

38 OLD PENKRIDGE ROAD is 142m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the largest 20% of detached houses in Cannock, based on EPC data. The below chart shows the distribution of detached houses by size in Cannock, and where 38 OLD PENKRIDGE ROAD lies on this distribution: 86% of detached houses are smaller than 38 OLD PENKRIDGE ROAD, and 13% of houses are larger. Note that EPC data is not available for all properties in Cannock.

38 OLD PENKRIDGE ROAD: Plot and Title Map

38 OLD PENKRIDGE ROAD sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 38 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 38 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 38 OLD PENKRIDGE ROAD?

38 OLD PENKRIDGE ROAD is located in CANNOCK, in the WS11 postcode district. The below map shows the position of No. 38 on OLD PENKRIDGE ROAD.