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

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

2 SOMERSET AVENUE is a very small detached house of 81m², built sometime between 1950 and 1966. 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	£298,187	21% below HPI
2020 3 JUL	£215,000	£260,921	18% below HPI
1997 31 OCT	£53,000	£78,083	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.

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 in Rugeley, based on EPC data. The below chart shows the distribution of detached houses by size in Rugeley, and where 2 SOMERSET AVENUE lies on this distribution: 18% of detached 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.