22, SLITTING MILL ROAD, RUGELEY, WS15 2UN - £290,000

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.

22 SLITTING MILL ROAD is a very small detached house of 82m², built sometime before 1900, which could now be worth an estimated £408,296. It was last sold for £290,000 in July 2018, which was around 21% above the average July 2018 detached price in the Cannock Chase local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

22 SLITTING MILL ROAD Sold Prices

Land registry data shows four sales for 22 SLITTING MILL ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cannock Chase local authority area for the corresponding sale date. All of the four 22 SLITTING MILL ROAD sales were for above 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
2018 27 JUL	£290,000	£239,762	21% above HPI
2004 2 SEP	£222,500	£179,230	24% above HPI
2003 28 JUL	£197,000	£150,863	31% above HPI
2002 17 JUN	£122,000	£115,871	5% above HPI

22 SLITTING MILL ROAD 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 four 22 SLITTING MILL ROAD sales between June 2002 and July 2018 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 September 2004 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the July 2018 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 22 SLITTING MILL ROAD be worth now?

22 SLITTING MILL ROAD might now be worth an estimated £408,296.

This is based on house price inflation of 40.8%, between July 2018 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 40.8% inflationary increase is applied to the most recent sale price for 22 SLITTING MILL ROAD of £290,000 on 27th July 2018. For the value to have increased from £290,000 to £408,296 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 22 SLITTING MILL ROAD has moved in line with the HPI for detached houses in the Cannock Chase local authority area.
• The July 2018 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 22 SLITTING MILL ROAD has not materially changed since July 2018.

How Large is 22 SLITTING MILL ROAD?

22 SLITTING MILL ROAD is 82m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 10% of detached houses houses in Slitting Mill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Slitting Mill, and where 22 SLITTING MILL ROAD lies on this distribution: 3% of detached houses houses are smaller than 22 SLITTING MILL ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Slitting Mill.

22 SLITTING MILL ROAD: Plot and Title Map

22 SLITTING MILL ROAD sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 22 SLITTING MILL ROAD, 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 SLITTING MILL ROAD). 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 SLITTING MILL ROAD?

22 SLITTING MILL ROAD is located in RUGELEY, in the WS15 postcode district. The below map shows the position of No. 22 on SLITTING MILL ROAD.