7, FORGE STREET, HEDNESFORD, CANNOCK, WS12 1DD - £289,995

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 FORGE STREET is a large detached house of 120m², which could now be worth an estimated £389,350. It was last sold for £289,995 in May 2019, which was around 17% above the average May 2019 detached price in the Cannock Chase local authority area. The most recent EPC inspection was March 2017, where the current energy rating was B, and the potential energy rating was A.

7 FORGE STREET Sold Prices

Land registry data shows two sales for 7 FORGE STREET 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 7 FORGE STREET sales were for above 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
2019 10 MAY	£289,995	£248,241	17% above HPI
2017 26 JUN	£260,000	£226,647	15% above HPI

7 FORGE 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 two 7 FORGE STREET sales from June 2017 and May 2019 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 2017 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the May 2019 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 7 FORGE STREET be worth now?

7 FORGE STREET might now be worth an estimated £389,350.

This is based on house price inflation of 34.3%, between May 2019 and December 2024, for detached houses, in the Cannock Chase local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34.3% inflationary increase is applied to the most recent sale price for 7 FORGE STREET of £289,995 on 10th May 2019. For the value to have increased from £289,995 to £389,350 over the four years and five months to December 2024, the following assumptions must hold true:

• The value of 7 FORGE STREET has moved in line with the HPI for detached houses in the Cannock Chase local authority area.
• The May 2019 sale price of £289,995 represented a fair market value for the property.
• The size, condition, and specification of 7 FORGE STREET has not materially changed since May 2019.

How Large is 7 FORGE STREET?

7 FORGE STREET is 120m² according to the EPC inspection conducted in March 2017. This puts it in the largest 30% of detached houses houses in Cannock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cannock, and where 7 FORGE STREET lies on this distribution: 69% of detached houses houses are smaller than 7 FORGE STREET, and 30% of houses are larger. Note that EPC data is not available for all properties in Cannock.

7 FORGE STREET: Plot and Title Map

7 FORGE STREET sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 7 FORGE 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 7 FORGE 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 7 FORGE STREET?

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