12, GRIFFITHS WAY, HEDNESFORD, CANNOCK, WS12 2EX - £305,000

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

12 GRIFFITHS WAY is a large detached house of 120m². It was last sold for £305,000 in March 2020, which was around 19% above the average March 2020 detached price in the Cannock Chase local authority area. The most recent EPC inspection was February 2020, where the current energy rating was B, and the potential energy rating was A.

12 GRIFFITHS WAY Sold Prices

Land registry data shows two sales for 12 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 12 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
2020 27 MAR	£305,000	£256,276	19% above HPI
2018 27 APR	£2,750,000	£240,183	1045% above HPI

12 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 12 GRIFFITHS WAY sales from April 2018 and March 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 April 2018 sale was for 1045% above the HPI. So the extrapolation line tracks at 1045% above the HPI over time, until the March 2020 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 12 GRIFFITHS WAY?

12 GRIFFITHS WAY is 120m² according to the EPC inspection conducted in February 2020. This puts it in the largest 30% of detached houses in Cannock, based on EPC data. The below chart shows the distribution of detached houses by size in Cannock, and where 12 GRIFFITHS WAY lies on this distribution: 69% of detached houses are smaller than 12 GRIFFITHS WAY, and 29% of houses are larger. Note that EPC data is not available for all properties in Cannock.

12 GRIFFITHS WAY: Plot and Title Map

12 GRIFFITHS WAY sits on a plot of roughly 11.6 acres, or 46,881m². The below map shows the location of 12 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 12 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 12 GRIFFITHS WAY?

12 GRIFFITHS WAY is located in HEDNESFORD, in the WS12 postcode district. The below map shows the position of No. 12 on GRIFFITHS WAY.