389, CANNOCK ROAD, HEDNESFORD, CANNOCK, WS12 4AE - £318,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

389 CANNOCK ROAD is a large detached house of 130m², built sometime between 2003 and 2006. It was last sold for £318,000 in March 2022, which was around 5% above the average March 2022 detached price in the Cannock Chase local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

389 CANNOCK ROAD Sold Prices

Land registry data shows two sales for 389 CANNOCK ROAD 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 389 CANNOCK ROAD 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
2022 18 MAR	£318,000	£303,253	5% above HPI
2016 25 JUL	£235,000	£219,693	7% above HPI

389 CANNOCK ROAD 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 389 CANNOCK ROAD sales from July 2016 and March 2022 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 July 2016 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the March 2022 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 389 CANNOCK ROAD?

389 CANNOCK ROAD is 130m² according to the EPC inspection conducted in October 2015. This puts it in the largest 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 389 CANNOCK ROAD lies on this distribution: 78% of detached houses are smaller than 389 CANNOCK ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Cannock.

389 CANNOCK ROAD: Plot and Title Map

389 CANNOCK ROAD sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 389 CANNOCK ROAD, 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 389 CANNOCK ROAD). 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 389 CANNOCK ROAD?

389 CANNOCK ROAD is located in HEDNESFORD, in the WS12 postcode district. The below map shows the position of No. 389 on CANNOCK ROAD.