8, FESTIVAL MEWS, HEDNESFORD, CANNOCK, WS12 4UT - £104,000

8 FESTIVAL MEWS is a very small detached house of 58m², built sometime between 1983 and 1990. It was last sold for £104,000 in July 2004, which was around 38% below the average July 2004 detached price in the Cannock Chase local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

8 FESTIVAL MEWS Sold Prices

Land registry data shows three sales for 8 FESTIVAL MEWS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cannock Chase local authority area for the corresponding sale date. All of the three 8 FESTIVAL MEWS 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
2004 30 JUL	£104,000	£167,981	38% below HPI
2001 5 SEP	£59,900	£104,165	42% below HPI
1996 31 MAY	£45,250	£69,822	35% below HPI

8 FESTIVAL MEWS 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 three 8 FESTIVAL MEWS sales between May 1996 and July 2004 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 September 2001 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the July 2004 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 8 FESTIVAL MEWS?

8 FESTIVAL MEWS is 58m² according to the EPC inspection conducted in August 2020. 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 8 FESTIVAL MEWS lies on this distribution: 2% of detached houses are smaller than 8 FESTIVAL MEWS, and 98% of houses are larger. Note that EPC data is not available for all properties in Cannock.

8 FESTIVAL MEWS: Plot and Title Map

8 FESTIVAL MEWS sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 8 FESTIVAL MEWS, 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 FESTIVAL MEWS). 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 FESTIVAL MEWS?

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