3, HIGHLAND WAY, RUGELEY, WS15 2XJ - £155,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

3 HIGHLAND WAY is a very small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £155,000 in October 2017, which was around 34% below the average October 2017 detached price in the Cannock Chase local authority area. The most recent EPC inspection was November 2011, where the current energy rating was C, and the potential energy rating was C.

3 HIGHLAND WAY Sold Prices

Land registry data shows two sales for 3 HIGHLAND WAY 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 3 HIGHLAND WAY 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
2017 20 OCT	£155,000	£235,928	34% below HPI
2002 22 MAR	£67,995	£103,660	34% below HPI

3 HIGHLAND WAY 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 3 HIGHLAND WAY sales from March 2002 and October 2017 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 March 2002 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2017 sale, which was also at 34% below the HPI.

How Large is 3 HIGHLAND WAY?

3 HIGHLAND WAY is 78m² according to the EPC inspection conducted in November 2011. 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 3 HIGHLAND WAY lies on this distribution: 15% of detached houses are smaller than 3 HIGHLAND WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Rugeley.

3 HIGHLAND WAY: Plot and Title Map

3 HIGHLAND WAY sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 3 HIGHLAND WAY, 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 3 HIGHLAND WAY). 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 3 HIGHLAND WAY?

3 HIGHLAND WAY is located in RUGELEY, in the WS15 postcode district. The below map shows the position of No. 3 on HIGHLAND WAY.