12, FARM CLOSE, RUGELEY, WS15 2XT - £230,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

12 FARM CLOSE is a small extended detached house of 91m², built sometime between 1967 and 1975. It was last sold for £230,000 in August 2019, which was around 7% below the average August 2019 detached price in the Cannock Chase local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

12 FARM CLOSE Sold Prices

Land registry data shows four sales for 12 FARM CLOSE 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. All of the four 12 FARM 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 23 AUG	£230,000	£247,616	7% below HPI
1998 7 AUG	£76,000	£79,654	5% below HPI
1997 16 JUN	£69,950	£72,038	3% below HPI
1997 17 JAN	£60,000	£75,898	21% below HPI

12 FARM CLOSE 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 12 FARM CLOSE sales between January 1997 and August 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 August 1998 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2019 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 12 FARM CLOSE?

12 FARM CLOSE is 91m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 40% of detached houses in Rugeley, based on EPC data. The below chart shows the distribution of detached houses by size in Rugeley, and where 12 FARM CLOSE lies on this distribution: 33% of detached houses are smaller than 12 FARM CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Rugeley.

12 FARM CLOSE: Plot and Title Map

12 FARM CLOSE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 12 FARM 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 12 FARM 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 12 FARM CLOSE?

12 FARM CLOSE is located in RUGELEY, in the WS15 postcode district. The below map shows the position of No. 12 on FARM CLOSE.