41, CHASEWATER WAY, NORTON CANES, CANNOCK, WS11 9TU - £139,000

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

41 CHASEWATER WAY is a very small extended detached house of 75m², built sometime between 1967 and 1975. It was last sold for £139,000 in December 2010, which was around 25% below the average December 2010 detached price in the Cannock Chase local authority area. The most recent EPC inspection was July 2010, where the current energy rating was E, and the potential energy rating was C.

41 CHASEWATER WAY Sold Prices

Land registry data shows three sales for 41 CHASEWATER WAY 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 41 CHASEWATER WAY 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
2010 17 DEC	£139,000	£185,358	25% below HPI
2002 25 JAN	£88,500	£103,359	14% below HPI
1999 16 APR	£60,000	£79,856	25% below HPI

41 CHASEWATER WAY 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 41 CHASEWATER WAY sales between April 1999 and December 2010 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 January 2002 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 2010 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 41 CHASEWATER WAY?

41 CHASEWATER WAY is 75m², which includes one extension, according to the EPC inspection conducted in July 2010. This puts it in the smallest 10% of detached houses in Norton Canes, based on EPC data. The below chart shows the distribution of detached houses by size in Norton Canes, and where 41 CHASEWATER WAY lies on this distribution: 8% of detached houses are smaller than 41 CHASEWATER WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Norton Canes.

41 CHASEWATER WAY: Plot and Title Map

41 CHASEWATER WAY sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 41 CHASEWATER WAY, 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 41 CHASEWATER WAY). 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 41 CHASEWATER WAY?

41 CHASEWATER WAY is located in NORTON CANES, in the WS11 postcode district. The below map shows the position of No. 41 on CHASEWATER WAY.