1, SILVER FIR CLOSE, HEDNESFORD, CANNOCK, WS12 4SU - £240,000

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 SILVER FIR CLOSE is a very small detached house of 71m², built sometime between 1983 and 1990. It was last sold for £240,000 in January 2022, which was around 20% below the average January 2022 detached price in the Cannock Chase local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was B.

1 SILVER FIR CLOSE Sold Prices

Land registry data shows two sales for 1 SILVER FIR CLOSE 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 SILVER FIR 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
2022 21 JAN	£240,000	£300,617	20% below HPI
1995 3 MAR	£58,500	£64,820	10% below HPI

1 SILVER FIR 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 two 1 SILVER FIR CLOSE sales from March 1995 and January 2022 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 1995 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the January 2022 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 1 SILVER FIR CLOSE?

1 SILVER FIR CLOSE is 71m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% 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 SILVER FIR CLOSE lies on this distribution: 8% of detached houses are smaller than 1 SILVER FIR CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Cannock.

1 SILVER FIR CLOSE: Plot and Title Map

1 SILVER FIR CLOSE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 1 SILVER FIR 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 1 SILVER FIR 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 1 SILVER FIR CLOSE?

1 SILVER FIR CLOSE is located in HEDNESFORD, in the WS12 postcode district. The below map shows the position of No. 1 on SILVER FIR CLOSE.