71, PITMEN WAY, HEDNESFORD, CANNOCK, WS12 2EA - £255,000

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

71 PITMEN WAY is a very small detached house of 81m², built in 2021. It was last sold for £255,000 in November 2021, which was around 14% below the average November 2021 detached price in the Cannock Chase local authority area. The most recent EPC inspection was April 2021, where the current energy rating was B, and the potential energy rating was A.

71 PITMEN WAY Sold Prices

Land registry data shows two sales for 71 PITMEN WAY 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 71 PITMEN 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
2021 26 NOV	£255,000	£298,187	14% below HPI
2019 21 JUN	£234,995	£248,073	5% below HPI

71 PITMEN 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 two 71 PITMEN WAY sales from June 2019 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 June 2019 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 71 PITMEN WAY?

71 PITMEN WAY is 81m² according to the EPC inspection conducted in April 2021. 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 71 PITMEN WAY lies on this distribution: 17% of detached houses are smaller than 71 PITMEN WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Cannock.

71 PITMEN WAY: Plot and Title Map

71 PITMEN WAY sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 71 PITMEN 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 71 PITMEN 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 71 PITMEN WAY?

71 PITMEN WAY is located in HEDNESFORD, in the WS12 postcode district. The below map shows the position of No. 71 on PITMEN WAY.