49, STEPHENSON WAY, HEDNESFORD, CANNOCK, WS12 4AD - £150,000

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

49 STEPHENSON WAY is a very small detached house of 74m², built sometime between 1996 and 2002. It was last sold for £150,000 in September 2014, which was around 28% below the average September 2014 detached price in the Cannock Chase local authority area. The most recent EPC inspection was July 2010, where the current energy rating was C, and the potential energy rating was C.

49 STEPHENSON WAY Sold Prices

Land registry data shows two sales for 49 STEPHENSON WAY 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 49 STEPHENSON 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
2014 5 SEP	£150,000	£207,646	28% below HPI
2002 28 JUN	£95,950	£116,009	17% below HPI

49 STEPHENSON 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 two 49 STEPHENSON WAY sales from June 2002 and September 2014 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 June 2002 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2014 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 49 STEPHENSON WAY?

49 STEPHENSON WAY is 74m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 10% of detached houses in Cannock, based on EPC data. The below chart shows the distribution of detached houses by size in Cannock, and where 49 STEPHENSON WAY lies on this distribution: 10% of detached houses are smaller than 49 STEPHENSON WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Cannock.

49 STEPHENSON WAY: Plot and Title Map

49 STEPHENSON WAY sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 49 STEPHENSON 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 49 STEPHENSON 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 49 STEPHENSON WAY?

49 STEPHENSON WAY is located in HEDNESFORD, in the WS12 postcode district. The below map shows the position of No. 49 on STEPHENSON WAY.