500, PYE GREEN ROAD, HEDNESFORD, CANNOCK, WS12 4LP - £220,000

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

500 PYE GREEN ROAD is a very large extended detached house of 164m², built sometime between 1996 and 2002. It was last sold for £220,000 in September 2020, which was around 18% below the average September 2020 detached price in the Cannock Chase local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was C.

500 PYE GREEN ROAD Sold Prices

Land registry data shows three sales for 500 PYE GREEN ROAD 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. One of the three 500 PYE GREEN ROAD sales was for below the average price, whilst two 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
2020 4 SEP	£220,000	£267,997	18% below HPI
2005 28 JUL	£240,000	£177,843	35% above HPI
2003 19 DEC	£213,000	£157,314	35% above HPI

500 PYE GREEN 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 three 500 PYE GREEN ROAD sales between December 2003 and September 2020 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 2005 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the September 2020 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 500 PYE GREEN ROAD?

500 PYE GREEN ROAD is 164m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 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 500 PYE GREEN ROAD lies on this distribution: 92% of detached houses are smaller than 500 PYE GREEN ROAD, and 7% of houses are larger. Note that EPC data is not available for all properties in Cannock.

500 PYE GREEN ROAD: Plot and Title Map

500 PYE GREEN ROAD sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 500 PYE GREEN 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 500 PYE GREEN 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 500 PYE GREEN ROAD?

500 PYE GREEN ROAD is located in HEDNESFORD, in the WS12 postcode district. The below map shows the position of No. 500 on PYE GREEN ROAD.