6, STEPHENSON WAY, HEDNESFORD, CANNOCK, WS12 4AD - £207,500

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

6 STEPHENSON WAY is a small detached house of 93m², built sometime between 1996 and 2002. It was last sold for £207,500 in May 2020, which was around 20% below the average May 2020 detached price in the Cannock Chase local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

6 STEPHENSON WAY Sold Prices

Land registry data shows four sales for 6 STEPHENSON 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. All of the four 6 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
2020 21 MAY	£207,500	£258,785	20% below HPI
2017 6 JUL	£189,000	£226,420	17% below HPI
2014 31 OCT	£162,000	£206,550	22% below HPI
2003 28 FEB	£119,950	£127,501	6% below HPI

6 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 four 6 STEPHENSON WAY sales between February 2003 and May 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 2017 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2020 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 6 STEPHENSON WAY?

6 STEPHENSON WAY is 93m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 40% of detached houses in Cannock, based on EPC data. The below chart shows the distribution of detached houses by size in Cannock, and where 6 STEPHENSON WAY lies on this distribution: 32% of detached houses are smaller than 6 STEPHENSON WAY, and 67% of houses are larger. Note that EPC data is not available for all properties in Cannock.

6 STEPHENSON WAY: Plot and Title Map

6 STEPHENSON WAY sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 6 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 6 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 6 STEPHENSON WAY?

6 STEPHENSON WAY is located in HEDNESFORD, in the WS12 postcode district. The below map shows the position of No. 6 on STEPHENSON WAY.