34, WOOD LANE, HEDNESFORD, CANNOCK, WS12 1BN - £219,950

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

34 WOOD LANE is a very small detached house of 77m², built sometime between 1976 and 1982. It was last sold for £219,950 in May 2021, which was around 21% below the average May 2021 detached price in the Cannock Chase local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

34 WOOD LANE Sold Prices

Land registry data shows three sales for 34 WOOD LANE 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. All of the three 34 WOOD LANE 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
2021 7 MAY	£219,950	£279,309	21% below HPI
2014 14 OCT	£150,000	£206,550	27% below HPI
2004 17 JUN	£136,500	£164,959	17% below HPI

34 WOOD LANE 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 34 WOOD LANE sales between June 2004 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 October 2014 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2021 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 34 WOOD LANE?

34 WOOD LANE is 77m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 20% of detached houses in Cannock, based on EPC data. The below chart shows the distribution of detached houses by size in Cannock, and where 34 WOOD LANE lies on this distribution: 12% of detached houses are smaller than 34 WOOD LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Cannock.

34 WOOD LANE: Plot and Title Map

34 WOOD LANE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 34 WOOD LANE, 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 34 WOOD LANE). 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 34 WOOD LANE?

34 WOOD LANE is located in HEDNESFORD, in the WS12 postcode district. The below map shows the position of No. 34 on WOOD LANE.