2, SOMERSET AVENUE, RUGELEY, WS15 1LE - £235,000

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 SOMERSET AVENUE is a very small detached house of 81m², built sometime between 1950 and 1966, which could now be worth an estimated £266,351. It was last sold for £235,000 in November 2021, which was around 21% below the average November 2021 detached price in the Cannock Chase local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

2 SOMERSET AVENUE Sold Prices

Land registry data shows three sales for 2 SOMERSET AVENUE 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 SOMERSET AVENUE 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 15 NOV	£235,000	£297,832	21% below HPI
2020 3 JUL	£215,000	£260,611	18% below HPI
1997 31 OCT	£53,000	£77,990	32% below HPI

2 SOMERSET AVENUE 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 SOMERSET AVENUE sales between October 1997 and November 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 July 2020 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2021 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 2 SOMERSET AVENUE be worth now?

2 SOMERSET AVENUE might now be worth an estimated £266,351.

This is based on house price inflation of 13.3%, between November 2021 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 13.3% inflationary increase is applied to the most recent sale price for 2 SOMERSET AVENUE of £235,000 on 15th November 2021. For the value to have increased from £235,000 to £266,351 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 SOMERSET AVENUE has moved in line with the HPI for detached houses in the Cannock Chase local authority area.
• The November 2021 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SOMERSET AVENUE has not materially changed since November 2021.

How Large is 2 SOMERSET AVENUE?

2 SOMERSET AVENUE is 81m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 20% 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 SOMERSET AVENUE lies on this distribution: 18% of detached houses houses are smaller than 2 SOMERSET AVENUE, and 81% of houses are larger. Note that EPC data is not available for all properties in Rugeley.

2 SOMERSET AVENUE: Plot and Title Map

2 SOMERSET AVENUE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 2 SOMERSET AVENUE, 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 SOMERSET AVENUE). 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 SOMERSET AVENUE?

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