22, GORSE LANE, RUGELEY, WS15 1BA - £180,000

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

22 GORSE LANE is a small extended detached house of 85m², built sometime between 1950 and 1966. It was last sold for £180,000 in November 2016, which was around 19% below the average November 2016 detached price in the Cannock Chase local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was A.

22 GORSE LANE Sold Prices

Land registry data shows two sales for 22 GORSE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cannock Chase local authority area for the corresponding sale date. Both of the two 22 GORSE LANE 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
2016 18 NOV	£180,000	£221,691	19% below HPI
2015 4 AUG	£130,000	£209,683	38% below HPI

22 GORSE LANE 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 two 22 GORSE LANE sales from August 2015 and November 2016 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 2015 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the November 2016 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 22 GORSE LANE?

22 GORSE LANE is 85m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the smallest 30% of detached houses in Rugeley, based on EPC data. The below chart shows the distribution of detached houses by size in Rugeley, and where 22 GORSE LANE lies on this distribution: 25% of detached houses are smaller than 22 GORSE LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in Rugeley.

22 GORSE LANE: Plot and Title Map

22 GORSE LANE sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 22 GORSE LANE, 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 22 GORSE LANE). 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 22 GORSE LANE?

22 GORSE LANE is located in RUGELEY, in the WS15 postcode district. The below map shows the position of No. 22 on GORSE LANE.