Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
72 CHENET WAY is a very large extended detached house of 137m², built sometime between 1996 and 2002. It was last sold for £370,000 in May 2023, which was around 13% above the average May 2023 detached price in the Cannock Chase local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 72 CHENET WAY since 1st 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. All of the three 72 CHENET WAY 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 |
---|---|---|---|
2023 5 MAY | £370,000 | £326,864 | 13% above HPI |
2018 17 AUG | £249,950 | £243,054 | 3% above HPI |
2002 22 MAR | £153,000 | £103,660 | 48% above HPI |
The below graph shows the average detached house price in the Cannock Chase local authority area over time, sourced from the HPI. The three 72 CHENET WAY sales between March 2002 and May 2023 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 August 2018 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2023 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.
72 CHENET WAY is 137m², which includes two extensions, according to the EPC inspection conducted in December 2022. This puts it in the largest 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 72 CHENET WAY lies on this distribution: 83% of detached houses are smaller than 72 CHENET WAY, and 17% of houses are larger. Note that EPC data is not available for all properties in Cannock.
72 CHENET WAY sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 72 CHENET 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 72 CHENET 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.
72 CHENET WAY is located in CANNOCK, in the WS11 postcode district. The below map shows the position of No. 72 on CHENET WAY.