2, BEECHMERE RISE, RUGELEY, WS15 2XR - £184,500

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 BEECHMERE RISE is a small detached house of 92m², built sometime between 1967 and 1975, which could now be worth an estimated £315,473. It was last sold for £184,500 in February 2014, which was around 7% below the average February 2014 detached price in the Cannock Chase local authority area. The most recent EPC inspection was December 2013, where the current energy rating was E, and the potential energy rating was C.

2 BEECHMERE RISE Sold Prices

Land registry data shows three sales for 2 BEECHMERE RISE since 1^st 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 2 BEECHMERE RISE sales were for below the average price, whilst one was for above 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
2014 21 FEB	£184,500	£197,420	7% below HPI
2005 6 SEP	£199,950	£189,735	5% above HPI
1998 1 JUN	£78,000	£79,958	2% below HPI

2 BEECHMERE RISE 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 three 2 BEECHMERE RISE sales between June 1998 and February 2014 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 September 2005 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the February 2014 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 2 BEECHMERE RISE be worth now?

2 BEECHMERE RISE might now be worth an estimated £315,473.

This is based on house price inflation of 71%, between February 2014 and February 2025, 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 71% inflationary increase is applied to the most recent sale price for 2 BEECHMERE RISE of £184,500 on 21st February 2014. For the value to have increased from £184,500 to £315,473 over the eleven years to February 2025, the following assumptions must hold true:

• The value of 2 BEECHMERE RISE has moved in line with the HPI for detached houses in the Cannock Chase local authority area.
• The February 2014 sale price of £184,500 represented a fair market value for the property.
• The size, condition, and specification of 2 BEECHMERE RISE has not materially changed since February 2014.

How Large is 2 BEECHMERE RISE?

2 BEECHMERE RISE is 92m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 40% 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 2 BEECHMERE RISE lies on this distribution: 35% of detached houses houses are smaller than 2 BEECHMERE RISE, and 64% of houses are larger. Note that EPC data is not available for all properties in Rugeley.

2 BEECHMERE RISE: Plot and Title Map

2 BEECHMERE RISE sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 2 BEECHMERE RISE, 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 2 BEECHMERE RISE). 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 2 BEECHMERE RISE?

2 BEECHMERE RISE is located in RUGELEY, in the WS15 postcode district. The below map shows the position of No. 2 on BEECHMERE RISE.