8, CHEVIOT RISE, HEDNESFORD, CANNOCK, WS12 1AX - £350,000

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

8 CHEVIOT RISE is a large extended detached house of 129m², built sometime between 1967 and 1975. It was last sold for £350,000 in June 2021, which was around 23% above the average June 2021 detached price in the Cannock Chase local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

8 CHEVIOT RISE Sold Prices

Land registry data shows two sales for 8 CHEVIOT RISE 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 CHEVIOT RISE 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
2021 4 JUN	£350,000	£284,806	23% above HPI
2015 23 JUL	£230,000	£210,981	9% above HPI

8 CHEVIOT RISE 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 CHEVIOT RISE sales from July 2015 and June 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 July 2015 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the June 2021 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 8 CHEVIOT RISE?

8 CHEVIOT RISE is 129m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the largest 30% of detached houses in Cannock, based on EPC data. The below chart shows the distribution of detached houses by size in Cannock, and where 8 CHEVIOT RISE lies on this distribution: 77% of detached houses are smaller than 8 CHEVIOT RISE, and 22% of houses are larger. Note that EPC data is not available for all properties in Cannock.

8 CHEVIOT RISE: Plot and Title Map

8 CHEVIOT RISE sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 8 CHEVIOT RISE, 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 CHEVIOT RISE). 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 CHEVIOT RISE?

8 CHEVIOT RISE is located in HEDNESFORD, in the WS12 postcode district. The below map shows the position of No. 8 on CHEVIOT RISE.