8, FIELD STREET, CANNOCK, WS11 5QP - £147,000

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.

8 FIELD STREET is a very small extended semi-detached house of 74m², built sometime between 2003 and 2006, which could now be worth an estimated £198,997. It was last sold for £147,000 in July 2020, which was around 9% below the average July 2020 semi-detached price in the Cannock Chase local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was B.

8 FIELD STREET Sold Prices

Land registry data shows three sales for 8 FIELD 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. Two of the three 8 FIELD STREET sales were for below the average price, whilst one was 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 17 JUL	£147,000	£161,054	9% below HPI
2015 20 MAR	£110,000	£125,979	13% below HPI
2004 16 APR	£99,950	£96,410	4% above HPI

8 FIELD 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 8 FIELD STREET sales between April 2004 and July 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 2015 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2020 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 8 FIELD STREET be worth now?

8 FIELD STREET might now be worth an estimated £198,997.

This is based on house price inflation of 35.4%, between July 2020 and July 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 35.4% inflationary increase is applied to the most recent sale price for 8 FIELD STREET of £147,000 on 17th July 2020. For the value to have increased from £147,000 to £198,997 over the five years to July 2025, the following assumptions must hold true:

• The value of 8 FIELD STREET has moved in line with the HPI for semi-detached houses in the Cannock Chase local authority area.
• The July 2020 sale price of £147,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FIELD STREET has not materially changed since July 2020.

How Large is 8 FIELD STREET?

8 FIELD STREET is 74m², which includes one extension, according to the EPC inspection conducted in May 2020. This puts it in the smallest 10% 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 8 FIELD STREET lies on this distribution: 10% of semi-detached houses houses are smaller than 8 FIELD STREET, and 89% of houses are larger. Note that EPC data is not available for all properties in Cannock.

8 FIELD STREET: Plot and Title Map

8 FIELD STREET sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 8 FIELD 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 8 FIELD 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 8 FIELD STREET?

8 FIELD STREET is located in CANNOCK, in the WS11 postcode district. The below map shows the position of No. 8 on FIELD STREET.