1, SOCKETT DRIVE, HEDNESFORD, CANNOCK, WS12 4FS - £200,000

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.

1 SOCKETT DRIVE is a very small semi-detached house of 60m², which could now be worth an estimated £208,943. It was last sold for £200,000 in June 2023, which was around 2% below the average June 2023 semi-detached price in the Cannock Chase local authority area. The most recent EPC inspection was May 2019, where the current energy rating was B, and the potential energy rating was A.

1 SOCKETT DRIVE Sold Prices

Land registry data shows two sales for 1 SOCKETT DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cannock Chase local authority area for the corresponding sale date. One of the two 1 SOCKETT DRIVE sales was for below the average price, whilst the other 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
2023 16 JUN	£200,000	£203,095	2% below HPI
2019 31 MAY	£169,995	£153,179	11% above HPI

1 SOCKETT DRIVE 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 two 1 SOCKETT DRIVE sales from May 2019 and June 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 May 2019 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the June 2023 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 1 SOCKETT DRIVE be worth now?

1 SOCKETT DRIVE might now be worth an estimated £208,943.

This is based on house price inflation of 4.5%, between June 2023 and February 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 4.5% inflationary increase is applied to the most recent sale price for 1 SOCKETT DRIVE of £200,000 on 16th June 2023. For the value to have increased from £200,000 to £208,943 over the two years and four months to February 2025, the following assumptions must hold true:

• The value of 1 SOCKETT DRIVE has moved in line with the HPI for semi-detached houses in the Cannock Chase local authority area.
• The June 2023 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SOCKETT DRIVE has not materially changed since June 2023.

How Large is 1 SOCKETT DRIVE?

1 SOCKETT DRIVE is 60m² according to the EPC inspection conducted in May 2019. 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 1 SOCKETT DRIVE lies on this distribution: 2% of semi-detached houses houses are smaller than 1 SOCKETT DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Cannock.

1 SOCKETT DRIVE: Plot and Title Map

1 SOCKETT DRIVE sits on a plot of roughly 0.035 of an acre, or 143m². The below map shows the location of 1 SOCKETT DRIVE, 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 SOCKETT DRIVE). 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 SOCKETT DRIVE?

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