118, SHARON WAY, HEDNESFORD, CANNOCK, WS12 2NQ - £180,000

118 SHARON WAY is a very small detached house of 68m², built sometime between 1967 and 1975. It was last sold for £180,000 in July 2017, which was around 21% below the average July 2017 detached price in the Cannock Chase local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was C.

118 SHARON WAY Sold Prices

Land registry data shows two sales for 118 SHARON 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 118 SHARON 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
2017 14 JUL	£180,000	£226,420	21% below HPI
2015 7 AUG	£137,000	£209,683	35% below HPI

118 SHARON 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 118 SHARON WAY sales from August 2015 and July 2017 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 August 2015 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2017 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 118 SHARON WAY?

118 SHARON WAY is 68m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of detached houses in Cannock, based on EPC data. The below chart shows the distribution of detached houses by size in Cannock, and where 118 SHARON WAY lies on this distribution: 5% of detached houses are smaller than 118 SHARON WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Cannock.

118 SHARON WAY: Plot and Title Map

118 SHARON WAY sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 118 SHARON 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 118 SHARON 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 118 SHARON WAY?

118 SHARON WAY is located in HEDNESFORD, in the WS12 postcode district. The below map shows the position of No. 118 on SHARON WAY.