8, COBDEN CLOSE, HEDNESFORD, CANNOCK, WS12 4EJ - £102,500

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.

8 COBDEN CLOSE is a very small semi-detached house of 44m², built sometime between 1950 and 1966, which could now be worth an estimated £144,168. It was last sold for £102,500 in October 2019, which was around 34% below the average October 2019 semi-detached price in the Cannock Chase local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

8 COBDEN CLOSE Sold Prices

Land registry data shows three sales for 8 COBDEN CLOSE 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 8 COBDEN CLOSE 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
2019 18 OCT	£102,500	£155,072	34% below HPI
2011 7 OCT	£85,500	£111,512	23% below HPI
2004 2 JUL	£80,000	£104,750	24% below HPI

8 COBDEN CLOSE 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 8 COBDEN CLOSE sales between July 2004 and October 2019 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 October 2011 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2019 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 8 COBDEN CLOSE be worth now?

8 COBDEN CLOSE might now be worth an estimated £144,168.

This is based on house price inflation of 40.7%, between October 2019 and April 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 40.7% inflationary increase is applied to the most recent sale price for 8 COBDEN CLOSE of £102,500 on 18th October 2019. For the value to have increased from £102,500 to £144,168 over the seven years and six months to April 2026, the following assumptions must hold true:

• The value of 8 COBDEN CLOSE has moved in line with the HPI for semi-detached houses in the Cannock Chase local authority area.
• The October 2019 sale price of £102,500 represented a fair market value for the property.
• The size, condition, and specification of 8 COBDEN CLOSE has not materially changed since October 2019.

How Large is 8 COBDEN CLOSE?

8 COBDEN CLOSE is 44m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% 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 8 COBDEN CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 8 COBDEN CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Cannock.

8 COBDEN CLOSE: Plot and Title Map

8 COBDEN CLOSE sits on a plot of roughly 0.038 of an acre, or 153m². The below map shows the location of 8 COBDEN CLOSE, 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 8 COBDEN CLOSE). 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 8 COBDEN CLOSE?

8 COBDEN CLOSE is located in HEDNESFORD, in the WS12 postcode district. The below map shows the position of No. 8 on COBDEN CLOSE.