2, GRIFFITHS WAY, HEDNESFORD, CANNOCK, WS12 2EX - £248,500

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.

2 GRIFFITHS WAY is a small detached house of 86m², built in 2016, which could now be worth an estimated £335,803. It was last sold for £248,500 in November 2019, which was around 2% below the average November 2019 detached price in the Cannock Chase local authority area. The most recent EPC inspection was October 2019, where the current energy rating was B, and the potential energy rating was A.

2 GRIFFITHS WAY Sold Prices

Land registry data shows one sale for 2 GRIFFITHS WAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Cannock Chase local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 22 NOV	£248,500	£253,300	2% below HPI

What might 2 GRIFFITHS WAY be worth now?

2 GRIFFITHS WAY might now be worth an estimated £335,803.

This is based on house price inflation of 35.1%, between November 2019 and May 2026, for 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 35.1% inflationary increase is applied to the most recent sale price for 2 GRIFFITHS WAY of £248,500 on 22nd November 2019. For the value to have increased from £248,500 to £335,803 over the seven years and six months to May 2026, the following assumptions must hold true:

• The value of 2 GRIFFITHS WAY has moved in line with the HPI for detached houses in the Cannock Chase local authority area.
• The November 2019 sale price of £248,500 represented a fair market value for the property.
• The size, condition, and specification of 2 GRIFFITHS WAY has not materially changed since November 2019.

How Large is 2 GRIFFITHS WAY?

2 GRIFFITHS WAY is 86m² according to the EPC inspection conducted in October 2019. 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 2 GRIFFITHS WAY lies on this distribution: 23% of detached houses are smaller than 2 GRIFFITHS WAY, and 77% of detached houses are larger. Note that EPC data is not available for all properties in Cannock.

2 GRIFFITHS WAY: Plot

2 GRIFFITHS WAY sits on a plot of roughly 0.061 of an acre, or 248m².

Where is 2 GRIFFITHS WAY?

2 GRIFFITHS WAY is located in HEDNESFORD, in the WS12 postcode district.