78, SHARON WAY, HEDNESFORD, CANNOCK, WS12 2NQ - £46,250

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

78 SHARON WAY is a very small extended semi-detached house of 71m², built sometime between 1967 and 1975, which could now be worth an estimated £200,693. It was last sold for £46,250 in May 1999, which was around 4% below the average May 1999 semi-detached price in the Cannock Chase local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

78 SHARON WAY Sold Prices

Land registry data shows two sales for 78 SHARON WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cannock Chase local authority area for the corresponding sale date. One of the two 78 SHARON WAY sales was for below the average price, whilst the other was 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
1999 20 MAY	£46,250	£48,297	4% below HPI
1997 27 MAR	£44,150	£43,305	2% above HPI

78 SHARON WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cannock Chase local authority area over time, sourced from the HPI. The two 78 SHARON WAY sales from March 1997 and May 1999 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 March 1997 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the May 1999 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 78 SHARON WAY be worth now?

78 SHARON WAY might now be worth an estimated £200,693.

This is based on house price inflation of 333.9%, between May 1999 and December 2024, for semi-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 333.9% inflationary increase is applied to the most recent sale price for 78 SHARON WAY of £46,250 on 20th May 1999. For the value to have increased from £46,250 to £200,693 over the 24 years and five months to December 2024, the following assumptions must hold true:

• The value of 78 SHARON WAY has moved in line with the HPI for semi-detached houses in the Cannock Chase local authority area.
• The May 1999 sale price of £46,250 represented a fair market value for the property.
• The size, condition, and specification of 78 SHARON WAY has not materially changed since May 1999.

How Large is 78 SHARON WAY?

78 SHARON WAY is 71m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% of semi-detached houses houses in Cannock, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cannock, and where 78 SHARON WAY lies on this distribution: 8% of semi-detached houses houses are smaller than 78 SHARON WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Cannock.

78 SHARON WAY: Plot and Title Map

78 SHARON WAY sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 78 SHARON 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 SHARON 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 SHARON WAY?

78 SHARON WAY is located in HEDNESFORD, in the WS12 postcode district. The below map shows the position of No. 78 on SHARON WAY.