1, SPRINGFIELD RISE, HEDNESFORD, CANNOCK, WS12 4DW - £129,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 SPRINGFIELD RISE is a very small extended terraced house of 65m², built sometime between 1900 and 1929, which could now be worth an estimated £148,448. It was last sold for £129,000 in September 2021, which was around 15% below the average September 2021 terraced 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 B.

1 SPRINGFIELD RISE Sold Prices

Land registry data shows five sales for 1 SPRINGFIELD RISE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Cannock Chase local authority area for the corresponding sale date. All of the five 1 SPRINGFIELD RISE 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 10 SEP	£129,000	£152,310	15% below HPI
2018 28 SEP	£108,000	£126,171	14% below HPI
2005 12 APR	£90,000	£97,369	8% below HPI
2003 5 NOV	£66,000	£75,001	12% below HPI
2000 10 NOV	£39,000	£43,512	10% below HPI

1 SPRINGFIELD RISE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cannock Chase local authority area over time, sourced from the HPI. The five 1 SPRINGFIELD RISE sales between November 2000 and September 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 September 2018 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2021 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 1 SPRINGFIELD RISE be worth now?

1 SPRINGFIELD RISE might now be worth an estimated £148,448.

This is based on house price inflation of 15.1%, between September 2021 and June 2025, for terraced 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 15.1% inflationary increase is applied to the most recent sale price for 1 SPRINGFIELD RISE of £129,000 on 10th September 2021. For the value to have increased from £129,000 to £148,448 over the four years and three months to June 2025, the following assumptions must hold true:

• The value of 1 SPRINGFIELD RISE has moved in line with the HPI for terraced houses in the Cannock Chase local authority area.
• The September 2021 sale price of £129,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SPRINGFIELD RISE has not materially changed since September 2021.

How Large is 1 SPRINGFIELD RISE?

1 SPRINGFIELD RISE is 65m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% of terraced houses houses in Cannock, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Cannock, and where 1 SPRINGFIELD RISE lies on this distribution: 4% of terraced houses houses are smaller than 1 SPRINGFIELD RISE, and 96% of houses are larger. Note that EPC data is not available for all properties in Cannock.

1 SPRINGFIELD RISE: Plot and Title Map

1 SPRINGFIELD RISE sits on a plot of roughly 0.024 of an acre, or 97m². The below map shows the location of 1 SPRINGFIELD 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 1 SPRINGFIELD 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 1 SPRINGFIELD RISE?

1 SPRINGFIELD RISE is located in HEDNESFORD, in the WS12 postcode district. The below map shows the position of No. 1 on SPRINGFIELD RISE.