9, BAKERS WAY, HEDNESFORD, CANNOCK, WS12 4XZ - £255,000

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

9 BAKERS WAY is a small extended detached house of 86m², built sometime between 1991 and 1995. It was last sold for £255,000 in March 2021, which was around 9% below the average March 2021 detached price in the Cannock Chase local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

9 BAKERS WAY Sold Prices

Land registry data shows four sales for 9 BAKERS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cannock Chase local authority area for the corresponding sale date. Most of the four 9 BAKERS 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
2021 19 MAR	£255,000	£280,698	9% below HPI
2013 4 DEC	£179,950	£192,717	7% below HPI
2008 21 JAN	£184,000	£208,992	12% below HPI
1998 19 MAR	£79,500	£74,561	7% above HPI

9 BAKERS 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 four 9 BAKERS WAY sales between March 1998 and March 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 December 2013 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2021 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 9 BAKERS WAY?

9 BAKERS WAY is 86m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the smallest 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 9 BAKERS WAY lies on this distribution: 23% of detached houses are smaller than 9 BAKERS WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Cannock.

9 BAKERS WAY: Plot and Title Map

9 BAKERS WAY sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 9 BAKERS 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 9 BAKERS 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 9 BAKERS WAY?

9 BAKERS WAY is located in HEDNESFORD, in the WS12 postcode district. The below map shows the position of No. 9 on BAKERS WAY.