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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). 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 11% 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	£332,087	11% below HPI
2018 6 DEC	£207,500	£249,244	17% below HPI
2016 30 JUN	£188,000	£220,544	15% below HPI
2011 28 NOV	£179,000	£183,562	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 11% below the HPI. The line then continues to track at 11% below the HPI.

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 in Rugeley, based on EPC data. The below chart shows the distribution of detached houses by size in Rugeley, and where 18 FARM CLOSE lies on this distribution: 46% of detached 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.