56, CHANCERY DRIVE, HEDNESFORD, CANNOCK, WS12 4RE - £62,500

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

56 CHANCERY DRIVE is a small extended detached house of 85m², built sometime between 1967 and 1975. It was last sold for £62,500 in November 1999, which was around 28% below the average November 1999 detached price in the Cannock Chase local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

56 CHANCERY DRIVE Sold Prices

Land registry data shows two sales for 56 CHANCERY DRIVE 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 56 CHANCERY DRIVE 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
1999 19 NOV	£62,500	£86,708	28% below HPI
1998 19 JUN	£56,750	£80,053	29% below HPI

56 CHANCERY DRIVE 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 56 CHANCERY DRIVE sales from June 1998 and November 1999 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 1998 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 1999 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 56 CHANCERY DRIVE?

56 CHANCERY DRIVE is 85m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 30% of detached houses in Cannock, based on EPC data. The below chart shows the distribution of detached houses by size in Cannock, and where 56 CHANCERY DRIVE lies on this distribution: 21% of detached houses are smaller than 56 CHANCERY DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Cannock.

56 CHANCERY DRIVE: Plot and Title Map

56 CHANCERY DRIVE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 56 CHANCERY DRIVE, 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 56 CHANCERY DRIVE). 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 56 CHANCERY DRIVE?

56 CHANCERY DRIVE is located in HEDNESFORD, in the WS12 postcode district. The below map shows the position of No. 56 on CHANCERY DRIVE.