16, STEPHENSON WAY, HEDNESFORD, CANNOCK, WS12 4AD - £260,000

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

16 STEPHENSON WAY is a small extended detached house of 87m², built sometime between 1996 and 2002. It was last sold for £260,000 in May 2021, which was around 7% below the average May 2021 detached price in the Cannock Chase local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was C.

16 STEPHENSON WAY Sold Prices

Land registry data shows four sales for 16 STEPHENSON WAY 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. Most of the four 16 STEPHENSON WAY 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
2021 21 MAY	£260,000	£279,309	7% below HPI
2017 18 AUG	£225,000	£232,139	3% below HPI
2007 10 MAY	£189,995	£198,792	4% below HPI
2002 22 FEB	£108,285	£104,116	4% above HPI

16 STEPHENSON 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 four 16 STEPHENSON WAY sales between February 2002 and May 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 August 2017 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2021 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 16 STEPHENSON WAY?

16 STEPHENSON WAY is 87m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 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 16 STEPHENSON WAY lies on this distribution: 24% of detached houses are smaller than 16 STEPHENSON WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Cannock.

16 STEPHENSON WAY: Plot and Title Map

16 STEPHENSON WAY sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 16 STEPHENSON 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 16 STEPHENSON 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 16 STEPHENSON WAY?

16 STEPHENSON WAY is located in HEDNESFORD, in the WS12 postcode district. The below map shows the position of No. 16 on STEPHENSON WAY.