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

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.

34 WOOD LANE is a very small detached house of 77m², built sometime between 1976 and 1982, which could now be worth an estimated £266,142. 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	£278,977	21% below HPI
2014 14 OCT	£150,000	£206,304	27% below HPI
2004 17 JUN	£136,500	£164,762	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.

What might 34 WOOD LANE be worth now?

34 WOOD LANE might now be worth an estimated £266,142.

This is based on house price inflation of 21%, between May 2021 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 21% inflationary increase is applied to the most recent sale price for 34 WOOD LANE of £219,950 on 7th May 2021. For the value to have increased from £219,950 to £266,142 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 34 WOOD LANE has moved in line with the HPI for detached houses in the Cannock Chase local authority area.
• The May 2021 sale price of £219,950 represented a fair market value for the property.
• The size, condition, and specification of 34 WOOD LANE has not materially changed since May 2021.

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 houses in Cannock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cannock, and where 34 WOOD LANE lies on this distribution: 12% of detached houses 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.