41, STAFFORD LANE, HEDNESFORD, CANNOCK, WS12 1LF - £207,500

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.

41 STAFFORD LANE is a small detached house of 85m², built sometime between 1967 and 1975, which could now be worth an estimated £251,077. It was last sold for £207,500 in May 2021, which was around 26% below the average May 2021 detached price in the Cannock Chase local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

41 STAFFORD LANE Sold Prices

Land registry data shows two sales for 41 STAFFORD LANE 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 41 STAFFORD 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 14 MAY	£207,500	£278,977	26% below HPI
1999 28 MAY	£39,500	£82,047	52% below HPI

41 STAFFORD 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 two 41 STAFFORD LANE sales from May 1999 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 May 1999 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the May 2021 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 41 STAFFORD LANE be worth now?

41 STAFFORD LANE might now be worth an estimated £251,077.

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 41 STAFFORD LANE of £207,500 on 14th May 2021. For the value to have increased from £207,500 to £251,077 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 41 STAFFORD LANE has moved in line with the HPI for detached houses in the Cannock Chase local authority area.
• The May 2021 sale price of £207,500 represented a fair market value for the property.
• The size, condition, and specification of 41 STAFFORD LANE has not materially changed since May 2021.

How Large is 41 STAFFORD LANE?

41 STAFFORD LANE is 85m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 30% 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 41 STAFFORD LANE lies on this distribution: 21% of detached houses houses are smaller than 41 STAFFORD LANE, and 78% of houses are larger. Note that EPC data is not available for all properties in Cannock.

41 STAFFORD LANE: Plot and Title Map

41 STAFFORD LANE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 41 STAFFORD 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 41 STAFFORD 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 41 STAFFORD LANE?

41 STAFFORD LANE is located in HEDNESFORD, in the WS12 postcode district. The below map shows the position of No. 41 on STAFFORD LANE.