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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). 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	£235,647	34% below HPI
2002 22 MAR	£67,995	£103,536	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.

What might 3 HIGHLAND WAY be worth now?

3 HIGHLAND WAY might now be worth an estimated £219,227.

This is based on house price inflation of 41.4%, between October 2017 and December 2024, 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 41.4% inflationary increase is applied to the most recent sale price for 3 HIGHLAND WAY of £155,000 on 20th October 2017. For the value to have increased from £155,000 to £219,227 over the six years and ten months to December 2024, the following assumptions must hold true:

• The value of 3 HIGHLAND WAY has moved in line with the HPI for detached houses in the Cannock Chase local authority area.
• The October 2017 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HIGHLAND WAY has not materially changed since October 2017.

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 houses in Rugeley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rugeley, and where 3 HIGHLAND WAY lies on this distribution: 15% of detached houses 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.