21, STEPHENSON WAY, HEDNESFORD, CANNOCK, WS12 4AD - £190,000

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

21 STEPHENSON WAY is a small extended detached house of 98m², built sometime between 1996 and 2002. It was last sold for £190,000 in March 2015, which was around 7% below the average March 2015 detached price in the Cannock Chase local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

21 STEPHENSON WAY Sold Prices

Land registry data shows four sales for 21 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. Two of the four 21 STEPHENSON WAY sales were for below the average price, whilst one 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
2015 6 MAR	£190,000	£204,295	7% below HPI
2011 15 JUN	£175,000	£184,164	5% below HPI
2007 2 MAR	£195,000	£194,652	Close to HPI
2002 17 MAY	£119,950	£109,590	9% above HPI

21 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 21 STEPHENSON WAY sales between May 2002 and March 2015 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 June 2011 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2015 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 21 STEPHENSON WAY?

21 STEPHENSON WAY is 98m², which includes two extensions, according to the EPC inspection conducted in March 2023. This puts it in the smallest 40% of detached houses in Cannock, based on EPC data. The below chart shows the distribution of detached houses by size in Cannock, and where 21 STEPHENSON WAY lies on this distribution: 38% of detached houses are smaller than 21 STEPHENSON WAY, and 61% of houses are larger. Note that EPC data is not available for all properties in Cannock.

21 STEPHENSON WAY: Plot and Title Map

21 STEPHENSON WAY sits on a plot of roughly 0.066 of an acre, or 265m². The below map shows the location of 21 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 21 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 21 STEPHENSON WAY?

21 STEPHENSON WAY is located in HEDNESFORD, in the WS12 postcode district. The below map shows the position of No. 21 on STEPHENSON WAY.