2, NEEDWOOD GRANGE, ABBOTS BROMLEY, RUGELEY, WS15 3AU - £260,000

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 NEEDWOOD GRANGE is a small extended detached house of 121m², built sometime between 1950 and 1966, which could now be worth an estimated £301,060. It was last sold for £260,000 in June 2021, which was around 14% below the average June 2021 detached price in the East Staffordshire local authority area. The most recent EPC inspection was December 2008, where the current energy rating was F, and the potential energy rating was E.

2 NEEDWOOD GRANGE Sold Prices

Land registry data shows two sales for 2 NEEDWOOD GRANGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Staffordshire local authority area for the corresponding sale date. Both of the two 2 NEEDWOOD GRANGE 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
2021 4 JUN	£260,000	£300,628	14% below HPI
2010 23 AUG	£198,000	£219,662	10% below HPI

2 NEEDWOOD GRANGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Staffordshire local authority area over time, sourced from the HPI. The two 2 NEEDWOOD GRANGE sales from August 2010 and June 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 August 2010 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 2 NEEDWOOD GRANGE be worth now?

2 NEEDWOOD GRANGE might now be worth an estimated £301,060.

This is based on house price inflation of 15.8%, between June 2021 and March 2025, for detached houses, in the East Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.8% inflationary increase is applied to the most recent sale price for 2 NEEDWOOD GRANGE of £260,000 on 4th June 2021. For the value to have increased from £260,000 to £301,060 over the four years and three months to March 2025, the following assumptions must hold true:

• The value of 2 NEEDWOOD GRANGE has moved in line with the HPI for detached houses in the East Staffordshire local authority area.
• The June 2021 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NEEDWOOD GRANGE has not materially changed since June 2021.

How Large is 2 NEEDWOOD GRANGE?

2 NEEDWOOD GRANGE is 121m², which includes one extension, according to the EPC inspection conducted in December 2008. This puts it in the smallest 40% of detached houses houses in Abbots Bromley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Abbots Bromley, and where 2 NEEDWOOD GRANGE lies on this distribution: 33% of detached houses houses are smaller than 2 NEEDWOOD GRANGE, and 67% of houses are larger. Note that EPC data is not available for all properties in Abbots Bromley.

2 NEEDWOOD GRANGE: Plot and Title Map

2 NEEDWOOD GRANGE sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 2 NEEDWOOD GRANGE, 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 NEEDWOOD GRANGE). 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 NEEDWOOD GRANGE?

2 NEEDWOOD GRANGE is located in ABBOTS BROMLEY, in the WS15 postcode district. The below map shows the position of No. 2 on NEEDWOOD GRANGE.