7, BOND WAY, HEDNESFORD, CANNOCK, WS12 4SW - £230,000

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

7 BOND WAY is a small extended detached house of 97m², built sometime between 1983 and 1990. It was last sold for £230,000 in June 2014, which was around 14% above the average June 2014 detached price in the Cannock Chase local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

7 BOND WAY Sold Prices

Land registry data shows three sales for 7 BOND WAY 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 7 BOND WAY sales was for above the average price, whilst two 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
2014 12 JUN	£230,000	£201,052	14% above HPI
2007 20 JUN	£144,000	£202,292	29% below HPI
2000 23 FEB	£57,000	£86,029	34% below HPI

7 BOND 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 three 7 BOND WAY sales between February 2000 and June 2014 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 2007 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2014 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 7 BOND WAY?

7 BOND WAY is 97m², which includes one extension, according to the EPC inspection conducted in December 2013. 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 7 BOND WAY lies on this distribution: 37% of detached houses are smaller than 7 BOND WAY, and 62% of houses are larger. Note that EPC data is not available for all properties in Cannock.

7 BOND WAY: Plot and Title Map

7 BOND WAY sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 7 BOND 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 7 BOND 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 7 BOND WAY?

7 BOND WAY is located in HEDNESFORD, in the WS12 postcode district. The below map shows the position of No. 7 on BOND WAY.