12, STEPHENSON WAY, HEDNESFORD, CANNOCK, WS12 4AD - £240,000

12 STEPHENSON WAY is a small detached house of 87m², built sometime between 1996 and 2002. It was last sold for £240,000 in December 2020, which was around 13% below the average December 2020 detached price in the Cannock Chase local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

12 STEPHENSON WAY Sold Prices

Land registry data shows five sales for 12 STEPHENSON WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cannock Chase local authority area for the corresponding sale date. Most of the five 12 STEPHENSON 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
2020 18 DEC	£240,000	£275,164	13% below HPI
2016 10 JUN	£190,000	£220,544	14% below HPI
2015 22 MAY	£173,000	£207,557	17% below HPI
2013 21 JUN	£163,000	£187,617	13% below HPI
2002 4 APR	£112,000	£105,936	6% above HPI

12 STEPHENSON 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 five 12 STEPHENSON WAY sales between April 2002 and December 2020 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 June 2016 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 2020 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 12 STEPHENSON WAY?

12 STEPHENSON WAY is 87m² according to the EPC inspection conducted in July 2020. 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 12 STEPHENSON WAY lies on this distribution: 25% of detached houses are smaller than 12 STEPHENSON WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Cannock.

12 STEPHENSON WAY: Plot and Title Map

12 STEPHENSON WAY sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 12 STEPHENSON 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 12 STEPHENSON 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 12 STEPHENSON WAY?

12 STEPHENSON WAY is located in HEDNESFORD, in the WS12 postcode district. The below map shows the position of No. 12 on STEPHENSON WAY.