22, CHANCERY DRIVE, HEDNESFORD, CANNOCK, WS12 4RE - £215,000

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.

22 CHANCERY DRIVE is a very small detached house of 59m², built sometime between 1976 and 1982, which could now be worth an estimated £295,423. It was last sold for £215,000 in October 2018, which was around 12% below the average October 2018 detached price in the Cannock Chase local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

22 CHANCERY DRIVE Sold Prices

Land registry data shows two sales for 22 CHANCERY DRIVE 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 22 CHANCERY DRIVE 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
2018 29 OCT	£215,000	£245,670	12% below HPI
1997 14 MAR	£63,500	£73,483	14% below HPI

22 CHANCERY DRIVE 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 22 CHANCERY DRIVE sales from March 1997 and October 2018 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 March 1997 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2018 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 22 CHANCERY DRIVE be worth now?

22 CHANCERY DRIVE might now be worth an estimated £295,423.

This is based on house price inflation of 37.4%, between October 2018 and February 2025, 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 37.4% inflationary increase is applied to the most recent sale price for 22 CHANCERY DRIVE of £215,000 on 29th October 2018. For the value to have increased from £215,000 to £295,423 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 22 CHANCERY DRIVE has moved in line with the HPI for detached houses in the Cannock Chase local authority area.
• The October 2018 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 22 CHANCERY DRIVE has not materially changed since October 2018.

How Large is 22 CHANCERY DRIVE?

22 CHANCERY DRIVE is 59m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 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 22 CHANCERY DRIVE lies on this distribution: 2% of detached houses houses are smaller than 22 CHANCERY DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Cannock.

22 CHANCERY DRIVE: Plot and Title Map

22 CHANCERY DRIVE sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 22 CHANCERY 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 22 CHANCERY 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 22 CHANCERY DRIVE?

22 CHANCERY DRIVE is located in HEDNESFORD, in the WS12 postcode district. The below map shows the position of No. 22 on CHANCERY DRIVE.