8, ALDER WAY, CANNOCK, WS12 0SX - £245,000

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

8 ALDER WAY is a very small detached house of 58m², built sometime between 1950 and 1966. It was last sold for £245,000 in February 2024, which was around 24% below the average February 2024 detached price in the Cannock Chase local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

8 ALDER WAY Sold Prices

Land registry data shows two sales for 8 ALDER 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 8 ALDER 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
2024 28 FEB	£245,000	£323,057	24% below HPI
2016 23 MAR	£170,000	£214,946	21% below HPI

8 ALDER 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 8 ALDER WAY sales from March 2016 and February 2024 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 2016 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2024 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 8 ALDER WAY?

8 ALDER WAY is 58m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 10% of detached houses in Hazelslade, based on EPC data. The below chart shows the distribution of detached houses by size in Hazelslade, and where 8 ALDER WAY lies on this distribution: Less than 1% of detached houses are smaller than 8 ALDER WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Hazelslade.

8 ALDER WAY: Plot and Title Map

8 ALDER WAY sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 8 ALDER 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 8 ALDER 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 8 ALDER WAY?

8 ALDER WAY is located in CANNOCK, in the WS12 postcode district. The below map shows the position of No. 8 on ALDER WAY.