Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
18 THE OAKLANDS is a midsized extended detached house of 99m², built sometime between 1967 and 1975. It was last sold for £310,000 in March 2021, which was around 10% above the average March 2021 detached price in the Cannock Chase local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 18 THE OAKLANDS since 1st 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. Two of the three 18 THE OAKLANDS sales were for above the average price, whilst one was 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 |
---|---|---|---|
2021 26 MAR | £310,000 | £280,698 | 10% above HPI |
2006 30 JUN | £205,000 | £199,353 | 3% above HPI |
1995 7 NOV | £1,657 | £68,471 | 98% below HPI |
The below graph shows the average detached house price in the Cannock Chase local authority area over time, sourced from the HPI. The three 18 THE OAKLANDS sales between November 1995 and March 2021 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 June 2006 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the March 2021 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.
18 THE OAKLANDS is 99m², which includes one extension, according to the EPC inspection conducted in November 2020. 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 THE OAKLANDS lies on this distribution: 42% of detached houses are smaller than 18 THE OAKLANDS, and 57% of houses are larger. Note that EPC data is not available for all properties in Rugeley.
18 THE OAKLANDS sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 18 THE OAKLANDS, 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 THE OAKLANDS). 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.
18 THE OAKLANDS is located in RUGELEY, in the WS15 postcode district. The below map shows the position of No. 18 on THE OAKLANDS.