2, OWENS CLOSE, RUGELEY, WS15 2YH - £205,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

2 OWENS CLOSE is a very small detached house of 74m², built sometime between 1967 and 1975. It was last sold for £205,000 in October 2020, which was around 25% below the average October 2020 detached price in the Cannock Chase local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

2 OWENS CLOSE Sold Prices

Land registry data shows three sales for 2 OWENS CLOSE 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. All of the three 2 OWENS 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
2020 8 OCT	£205,000	£272,761	25% below HPI
1999 28 OCT	£67,500	£84,015	20% below HPI
1997 3 DEC	£59,950	£78,042	23% below HPI

2 OWENS 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 three 2 OWENS CLOSE sales between December 1997 and October 2020 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 October 1999 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2020 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 2 OWENS CLOSE?

2 OWENS CLOSE is 74m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% of detached houses in Rugeley, based on EPC data. The below chart shows the distribution of detached houses by size in Rugeley, and where 2 OWENS CLOSE lies on this distribution: 12% of detached houses are smaller than 2 OWENS CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Rugeley.

2 OWENS CLOSE: Plot and Title Map

2 OWENS CLOSE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 2 OWENS 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 2 OWENS 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 2 OWENS CLOSE?

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