3, SHERATON CLOSE, HEDNESFORD, CANNOCK, WS12 4SH - £154,750

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 SHERATON CLOSE is a small extended detached house of 98m², built sometime between 1967 and 1975, which could now be worth an estimated £256,841. It was last sold for £154,750 in June 2014, which was around 23% below the average June 2014 detached price in the Cannock Chase local authority area. The most recent EPC inspection was July 2012, where the current energy rating was E, and the potential energy rating was C.

3 SHERATON CLOSE Sold Prices

Land registry data shows two sales for 3 SHERATON CLOSE 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 3 SHERATON CLOSE 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
2014 2 JUN	£154,750	£200,812	23% below HPI
1998 28 SEP	£64,500	£78,709	18% below HPI

3 SHERATON CLOSE 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 3 SHERATON CLOSE sales from September 1998 and June 2014 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 September 1998 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2014 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 3 SHERATON CLOSE be worth now?

3 SHERATON CLOSE might now be worth an estimated £256,841.

This is based on house price inflation of 66%, between June 2014 and December 2024, 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 66% inflationary increase is applied to the most recent sale price for 3 SHERATON CLOSE of £154,750 on 2nd June 2014. For the value to have increased from £154,750 to £256,841 over the nine years and six months to December 2024, the following assumptions must hold true:

• The value of 3 SHERATON CLOSE has moved in line with the HPI for detached houses in the Cannock Chase local authority area.
• The June 2014 sale price of £154,750 represented a fair market value for the property.
• The size, condition, and specification of 3 SHERATON CLOSE has not materially changed since June 2014.

How Large is 3 SHERATON CLOSE?

3 SHERATON CLOSE is 98m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the smallest 40% 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 3 SHERATON CLOSE lies on this distribution: 38% of detached houses houses are smaller than 3 SHERATON CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Cannock.

3 SHERATON CLOSE: Plot and Title Map

3 SHERATON CLOSE sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 3 SHERATON CLOSE, 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 3 SHERATON CLOSE). 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 3 SHERATON CLOSE?

3 SHERATON CLOSE is located in HEDNESFORD, in the WS12 postcode district. The below map shows the position of No. 3 on SHERATON CLOSE.