22B, NEW ROAD, RUGELEY, WS15 4BN - £73,500

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

22B NEW ROAD is a very small detached house of 37m², built sometime between 1900 and 1929. It was last sold for £73,500 in December 2005, which was around 73% below the average December 2005 detached price in the Lichfield local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

22B NEW ROAD Sold Prices

Land registry data shows four sales for 22B NEW 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 Lichfield local authority area for the corresponding sale date. All of the four 22B NEW ROAD 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
2005 9 DEC	£73,500	£268,532	73% below HPI
2003 15 APR	£54,950	£209,532	74% below HPI
1999 22 OCT	£31,000	£131,347	76% below HPI
1995 27 OCT	£23,500	£92,372	75% below HPI

22B NEW ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The four 22B NEW ROAD sales between October 1995 and December 2005 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 April 2003 sale was for 74% below the HPI. So the extrapolation line tracks at 74% below the HPI over time, until the December 2005 sale, where it rises to 73% below the HPI. The line then continues to track at 73% below the HPI.

How Large is 22B NEW ROAD?

22B NEW ROAD is 37m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% of detached houses in Armitage, based on EPC data. The below chart shows the distribution of detached houses by size in Armitage, and where 22B NEW ROAD lies on this distribution: Less than 1% of detached houses are smaller than 22B NEW ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Armitage.

22B NEW ROAD: Plot and Title Map

22B NEW ROAD sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 22B NEW 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 22B NEW 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 22B NEW ROAD?

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