5, STEPHENSON WAY, HEDNESFORD, CANNOCK, WS12 4AD - £181,000

5 STEPHENSON WAY is a small detached house of 84m², built sometime between 1996 and 2002. It was last sold for £181,000 in August 2014, which was around 12% below the average August 2014 detached price in the Cannock Chase local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was B.

5 STEPHENSON WAY Sold Prices

Land registry data shows two sales for 5 STEPHENSON 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 5 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
2014 27 AUG	£181,000	£205,970	12% below HPI
2007 7 DEC	£192,000	£213,170	10% below HPI

5 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 two 5 STEPHENSON WAY sales from December 2007 and August 2014 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 2007 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2014 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 5 STEPHENSON WAY?

5 STEPHENSON WAY is 84m² according to the EPC inspection conducted in November 2014. 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 5 STEPHENSON WAY lies on this distribution: 21% of detached houses are smaller than 5 STEPHENSON WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Cannock.

5 STEPHENSON WAY: Plot and Title Map

5 STEPHENSON WAY sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 5 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 5 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 5 STEPHENSON WAY?

5 STEPHENSON WAY is located in HEDNESFORD, in the WS12 postcode district. The below map shows the position of No. 5 on STEPHENSON WAY.