56, HEATH STREET, HEDNESFORD, CANNOCK, WS12 4BP - £245,000

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

56 HEATH STREET is a very small detached house of 81m², built sometime between 1930 and 1949. It was last sold for £245,000 in November 2021, which was around 18% below the average November 2021 detached price in the Cannock Chase local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

56 HEATH STREET Sold Prices

Land registry data shows four sales for 56 HEATH STREET 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. All of the four 56 HEATH STREET 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 5 NOV	£245,000	£298,187	18% below HPI
2016 14 JAN	£146,500	£213,218	31% below HPI
2013 4 OCT	£134,000	£191,785	30% below HPI
2012 16 APR	£90,000	£186,147	52% below HPI

56 HEATH STREET 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 56 HEATH STREET sales between April 2012 and November 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 January 2016 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 56 HEATH STREET?

56 HEATH STREET is 81m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 20% 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 HEATH STREET lies on this distribution: 17% of detached houses are smaller than 56 HEATH STREET, and 82% of houses are larger. Note that EPC data is not available for all properties in Cannock.

56 HEATH STREET: Plot and Title Map

56 HEATH STREET sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 56 HEATH STREET, 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 HEATH STREET). 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 HEATH STREET?

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