78, CHASEWATER WAY, NORTON CANES, CANNOCK, WS11 9TU - £196,000

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

78 CHASEWATER WAY is a very small extended detached house of 81m², built sometime between 1991 and 1995. It was last sold for £196,000 in September 2018, which was around 20% below the average September 2018 detached price in the Cannock Chase local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

78 CHASEWATER WAY Sold Prices

Land registry data shows three sales for 78 CHASEWATER 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. All of the three 78 CHASEWATER 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
2018 13 SEP	£196,000	£245,101	20% below HPI
2003 2 MAY	£120,000	£142,941	16% below HPI
1999 22 JAN	£78,950	£81,374	3% below HPI

78 CHASEWATER 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 78 CHASEWATER WAY sales between January 1999 and September 2018 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 May 2003 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2018 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 78 CHASEWATER WAY?

78 CHASEWATER WAY is 81m², which includes two extensions, according to the EPC inspection conducted in July 2018. This puts it in the smallest 20% of detached houses in Norton Canes, based on EPC data. The below chart shows the distribution of detached houses by size in Norton Canes, and where 78 CHASEWATER WAY lies on this distribution: 18% of detached houses are smaller than 78 CHASEWATER WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Norton Canes.

78 CHASEWATER WAY: Plot and Title Map

78 CHASEWATER WAY sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 78 CHASEWATER 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 78 CHASEWATER 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 78 CHASEWATER WAY?

78 CHASEWATER WAY is located in NORTON CANES, in the WS11 postcode district. The below map shows the position of No. 78 on CHASEWATER WAY.