18, FARM CLOSE, RUGELEY, WS15 2XT - £295,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

18 FARM CLOSE is a midsized extended detached house of 103m², built sometime between 1967 and 1975. It was last sold for £295,000 in May 2024, which was around 9% below the average May 2024 detached price in the Cannock Chase local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.

18 FARM CLOSE Sold Prices

Land registry data shows four sales for 18 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 18 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
2024 10 MAY	£295,000	£325,101	9% below HPI
2018 6 DEC	£207,500	£248,947	17% below HPI
2016 30 JUN	£188,000	£220,282	15% below HPI
2011 28 NOV	£179,000	£183,344	2% below HPI

18 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 18 FARM CLOSE sales between November 2011 and May 2024 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 December 2018 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2024 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 18 FARM CLOSE be worth now?

18 FARM CLOSE might now be worth an estimated £302,432.

This is based on house price inflation of 2.5%, between May 2024 and December 2024, 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 2.5% inflationary increase is applied to the most recent sale price for 18 FARM CLOSE of £295,000 on 10th May 2024. For the value to have increased from £295,000 to £302,432 over the five months to December 2024, the following assumptions must hold true:

• The value of 18 FARM CLOSE has moved in line with the HPI for detached houses in the Cannock Chase local authority area.
• The May 2024 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 18 FARM CLOSE has not materially changed since May 2024.

How Large is 18 FARM CLOSE?

18 FARM CLOSE is 103m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the smallest 50% of detached houses houses in Rugeley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rugeley, and where 18 FARM CLOSE lies on this distribution: 46% of detached houses houses are smaller than 18 FARM CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Rugeley.

18 FARM CLOSE: Plot and Title Map

18 FARM CLOSE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 18 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 18 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 18 FARM CLOSE?

18 FARM CLOSE is located in RUGELEY, in the WS15 postcode district. The below map shows the position of No. 18 on FARM CLOSE.