15, KEYS CLOSE, HEDNESFORD, CANNOCK, WS12 2GX - £440,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 KEYS CLOSE is a very large extended detached house of 166m², built sometime between 1996 and 2002, which could now be worth an estimated £515,520. It was last sold for £440,000 in June 2021, which was around 55% above the average June 2021 detached price in the Cannock Chase local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

15 KEYS CLOSE Sold Prices

Land registry data shows four sales for 15 KEYS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cannock Chase local authority area for the corresponding sale date. All of the four 15 KEYS CLOSE 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
2021 11 JUN	£440,000	£284,466	55% above HPI
2004 18 MAY	£262,000	£162,649	61% above HPI
2003 17 JAN	£199,950	£125,022	60% above HPI
2001 9 MAR	£148,495	£95,691	55% above HPI

15 KEYS 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 four 15 KEYS CLOSE sales between March 2001 and June 2021 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 2004 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the June 2021 sale, where it falls to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might 15 KEYS CLOSE be worth now?

15 KEYS CLOSE might now be worth an estimated £515,520.

This is based on house price inflation of 17.2%, between June 2021 and December 2024, for 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 17.2% inflationary increase is applied to the most recent sale price for 15 KEYS CLOSE of £440,000 on 11th June 2021. For the value to have increased from £440,000 to £515,520 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of 15 KEYS CLOSE has moved in line with the HPI for detached houses in the Cannock Chase local authority area.
• The June 2021 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 15 KEYS CLOSE has not materially changed since June 2021.

How Large is 15 KEYS CLOSE?

15 KEYS CLOSE is 166m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the largest 10% of detached houses houses in Cannock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cannock, and where 15 KEYS CLOSE lies on this distribution: 93% of detached houses houses are smaller than 15 KEYS CLOSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Cannock.

15 KEYS CLOSE: Plot and Title Map

15 KEYS CLOSE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 15 KEYS 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 15 KEYS 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 15 KEYS CLOSE?

15 KEYS CLOSE is located in HEDNESFORD, in the WS12 postcode district. The below map shows the position of No. 15 on KEYS CLOSE.