50, BOND WAY, HEDNESFORD, CANNOCK, WS12 4SN - £225,000

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

50 BOND WAY is a midsized extended detached house of 112m², built sometime between 1976 and 1982. It was last sold for £225,000 in August 2016, which was around 1% above the average August 2016 detached price in the Cannock Chase local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

50 BOND WAY Sold Prices

Land registry data shows four sales for 50 BOND WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cannock Chase local authority area for the corresponding sale date. Most of the four 50 BOND 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
2016 16 AUG	£225,000	£222,731	1% above HPI
2005 8 AUG	£154,500	£186,813	17% below HPI
1998 20 MAR	£65,000	£74,561	13% below HPI
1995 10 APR	£59,000	£66,500	11% below HPI

50 BOND 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 four 50 BOND WAY sales between April 1995 and August 2016 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 August 2005 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2016 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 50 BOND WAY?

50 BOND WAY is 112m², which includes two extensions, according to the EPC inspection conducted in May 2016. This puts it in the largest 50% of detached houses in Cannock, based on EPC data. The below chart shows the distribution of detached houses by size in Cannock, and where 50 BOND WAY lies on this distribution: 59% of detached houses are smaller than 50 BOND WAY, and 40% of houses are larger. Note that EPC data is not available for all properties in Cannock.

50 BOND WAY: Plot and Title Map

50 BOND WAY sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 50 BOND 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 50 BOND 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 50 BOND WAY?

50 BOND WAY is located in HEDNESFORD, in the WS12 postcode district. The below map shows the position of No. 50 on BOND WAY.