56, CHASEWATER WAY, NORTON CANES, CANNOCK, WS11 9TU - £178,000

56 CHASEWATER WAY is a small detached house of 94m², built sometime between 1996 and 2002. It was last sold for £178,000 in January 2016, which was around 17% below the average January 2016 detached price in the Cannock Chase local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

56 CHASEWATER WAY Sold Prices

Land registry data shows four sales for 56 CHASEWATER WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cannock Chase local authority area for the corresponding sale date. two of the four 56 CHASEWATER WAY sales were for below the average price, and four 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
2016 15 JAN	£178,000	£213,218	17% below HPI
2003 7 MAR	£142,950	£130,814	9% above HPI
2000 31 MAR	£85,000	£87,219	3% below HPI
1998 14 DEC	£91,950	£78,721	17% above HPI

56 CHASEWATER 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 four 56 CHASEWATER WAY sales between December 1998 and January 2016 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 March 2003 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the January 2016 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 56 CHASEWATER WAY?

56 CHASEWATER WAY is 94m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 40% of detached houses in Norton Canes, based on EPC data. The below chart shows the distribution of detached houses by size in Norton Canes, and where 56 CHASEWATER WAY lies on this distribution: 34% of detached houses are smaller than 56 CHASEWATER WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Norton Canes.

56 CHASEWATER WAY: Plot and Title Map

56 CHASEWATER WAY sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 56 CHASEWATER 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 56 CHASEWATER 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 56 CHASEWATER WAY?

56 CHASEWATER WAY is located in NORTON CANES, in the WS11 postcode district. The below map shows the position of No. 56 on CHASEWATER WAY.