2A, SPRINGFIELD RISE, HEDNESFORD, CANNOCK, WS12 4DW - £125,000

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

2A SPRINGFIELD RISE is a very large detached house of 195m², built sometime between 1983 and 1990. It was last sold for £125,000 in March 2001, which was around 30% above the average March 2001 detached price in the Cannock Chase local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was C.

2A SPRINGFIELD RISE Sold Prices

Land registry data shows two sales for 2A SPRINGFIELD RISE 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 2A SPRINGFIELD RISE 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
2001 9 MAR	£125,000	£95,805	30% above HPI
1996 10 MAY	£84,000	£69,822	20% above HPI

2A SPRINGFIELD RISE 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 2A SPRINGFIELD RISE sales from May 1996 and March 2001 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 1996 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the March 2001 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 2A SPRINGFIELD RISE?

2A SPRINGFIELD RISE is 195m² according to the EPC inspection conducted in November 2015. This puts it in the largest 10% of detached houses in Cannock, based on EPC data. The below chart shows the distribution of detached houses by size in Cannock, and where 2A SPRINGFIELD RISE lies on this distribution: 97% of detached houses are smaller than 2A SPRINGFIELD RISE, and 3% of houses are larger. Note that EPC data is not available for all properties in Cannock.

2A SPRINGFIELD RISE: Plot and Title Map

2A SPRINGFIELD RISE sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 2A SPRINGFIELD RISE, 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 2A SPRINGFIELD RISE). 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 2A SPRINGFIELD RISE?

2A SPRINGFIELD RISE is located in HEDNESFORD, in the WS12 postcode district. The below map shows the position of No. 2A on SPRINGFIELD RISE.