10, PREECE DRIVE, HEDNESFORD, CANNOCK, WS12 4UG - £199,000

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.

10 PREECE DRIVE is a very small semi-detached house of 77m², built in 2015, which could now be worth an estimated £251,133. It was last sold for £199,000 in February 2021, which was around 15% above the average February 2021 semi-detached price in the Cannock Chase local authority area. The most recent EPC inspection was February 2017, where the current energy rating was B, and the potential energy rating was A.

10 PREECE DRIVE Sold Prices

Land registry data shows three sales for 10 PREECE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Cannock Chase local authority area for the corresponding sale date. All of the three 10 PREECE DRIVE 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 26 FEB	£199,000	£173,005	15% above HPI
2019 15 NOV	£185,000	£156,840	18% above HPI
2017 24 MAR	£185,950	£140,211	33% above HPI

10 PREECE DRIVE 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 three 10 PREECE DRIVE sales between March 2017 and February 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 November 2019 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the February 2021 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 10 PREECE DRIVE be worth now?

10 PREECE DRIVE might now be worth an estimated £251,133.

This is based on house price inflation of 26.2%, between February 2021 and May 2026, 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 26.2% inflationary increase is applied to the most recent sale price for 10 PREECE DRIVE of £199,000 on 26th February 2021. For the value to have increased from £199,000 to £251,133 over the four years and nine months to May 2026, the following assumptions must hold true:

• The value of 10 PREECE DRIVE has moved in line with the HPI for semi-detached houses in the Cannock Chase local authority area.
• The February 2021 sale price of £199,000 represented a fair market value for the property.
• The size, condition, and specification of 10 PREECE DRIVE has not materially changed since February 2021.

How Large is 10 PREECE DRIVE?

10 PREECE DRIVE is 77m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 20% 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 10 PREECE DRIVE lies on this distribution: 12% of semi-detached houses houses are smaller than 10 PREECE DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Cannock.

10 PREECE DRIVE: Plot and Title Map

10 PREECE DRIVE sits on a plot of roughly 0.044 of an acre, or 180m². The below map shows the location of 10 PREECE DRIVE, 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 10 PREECE DRIVE). 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 10 PREECE DRIVE?

10 PREECE DRIVE is located in HEDNESFORD, in the WS12 postcode district. The below map shows the position of No. 10 on PREECE DRIVE.