61, STAFFORD LANE, HEDNESFORD, CANNOCK, WS12 1LL - £316,000

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

61 STAFFORD LANE is a midsized extended detached house of 100m², built sometime between 1976 and 1982. It was last sold for £316,000 in July 2024, which was around 8% below the average July 2024 detached price in the Cannock Chase local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

61 STAFFORD LANE Sold Prices

Land registry data shows two sales for 61 STAFFORD LANE 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 61 STAFFORD LANE 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
2024 22 JUL	£316,000	£342,905	8% below HPI
1999 21 JUL	£83,000	£84,325	2% below HPI

61 STAFFORD LANE 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 61 STAFFORD LANE sales from July 1999 and July 2024 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 1999 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2024 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 61 STAFFORD LANE?

61 STAFFORD LANE is 100m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the smallest 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 61 STAFFORD LANE lies on this distribution: 42% of detached houses are smaller than 61 STAFFORD LANE, and 57% of houses are larger. Note that EPC data is not available for all properties in Cannock.

61 STAFFORD LANE: Plot and Title Map

61 STAFFORD LANE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 61 STAFFORD LANE, 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 61 STAFFORD LANE). 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 61 STAFFORD LANE?

61 STAFFORD LANE is located in HEDNESFORD, in the WS12 postcode district. The below map shows the position of No. 61 on STAFFORD LANE.