24, BAKERS WAY, HEDNESFORD, CANNOCK, WS12 4XZ - £215,000

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

24 BAKERS WAY is a small extended detached house of 88m², built sometime between 1996 and 2002. It was last sold for £215,000 in May 2021, which was around 23% below the average May 2021 detached price in the Cannock Chase local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

24 BAKERS WAY Sold Prices

Land registry data shows three sales for 24 BAKERS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cannock Chase local authority area for the corresponding sale date. Two of the three 24 BAKERS 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
2021 14 MAY	£215,000	£279,309	23% below HPI
2002 15 MAR	£97,995	£103,660	5% below HPI
1998 24 AUG	£82,995	£79,654	4% above HPI

24 BAKERS 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 three 24 BAKERS WAY sales between August 1998 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 March 2002 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 24 BAKERS WAY?

24 BAKERS WAY is 88m², which includes one extension, according to the EPC inspection conducted in November 2020. 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 24 BAKERS WAY lies on this distribution: 26% of detached houses are smaller than 24 BAKERS WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Cannock.

24 BAKERS WAY: Plot and Title Map

24 BAKERS WAY sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 24 BAKERS 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 24 BAKERS 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 24 BAKERS WAY?

24 BAKERS WAY is located in HEDNESFORD, in the WS12 postcode district. The below map shows the position of No. 24 on BAKERS WAY.