1, GRIFFITHS WAY, HEDNESFORD, CANNOCK, WS12 2EX - £355,000

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

1 GRIFFITHS WAY is a large detached house of 132m². It was last sold for £355,000 in October 2023, which was around 4% above the average October 2023 detached price in the Cannock Chase local authority area. The most recent EPC inspection was January 2020, where the current energy rating was B, and the potential energy rating was A.

1 GRIFFITHS WAY Sold Prices

Land registry data shows two sales for 1 GRIFFITHS WAY 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 1 GRIFFITHS WAY 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
2023 30 OCT	£355,000	£340,187	4% above HPI
2020 28 FEB	£306,500	£256,117	20% above HPI

1 GRIFFITHS WAY 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 1 GRIFFITHS WAY sales from February 2020 and October 2023 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 2020 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the October 2023 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 1 GRIFFITHS WAY?

1 GRIFFITHS WAY is 132m² according to the EPC inspection conducted in January 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 1 GRIFFITHS WAY lies on this distribution: 80% of detached houses are smaller than 1 GRIFFITHS WAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Cannock.

1 GRIFFITHS WAY: Plot and Title Map

1 GRIFFITHS WAY sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 1 GRIFFITHS WAY, 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 1 GRIFFITHS WAY). 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 1 GRIFFITHS WAY?

1 GRIFFITHS WAY is located in HEDNESFORD, in the WS12 postcode district. The below map shows the position of No. 1 on GRIFFITHS WAY.