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
3 PARK GATE ROAD is a very small extended detached house of 71m², built sometime between 1967 and 1975. It was last sold for £252,500 in November 2019, which was about the average November 2019 detached price in the Cannock Chase local authority area. The most recent EPC inspection was November 2010, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows two sales for 3 PARK GATE ROAD since 1st 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. One of the two 3 PARK GATE ROAD sales was roughly equal to the average price, whilst the other was 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 |
---|---|---|---|
2019 1 NOV | £252,500 | £253,602 | Close to HPI |
2005 30 NOV | £230,000 | £187,067 | 23% above HPI |
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 PARK GATE ROAD sales from November 2005 and November 2019 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 November 2005 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the November 2019 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.
3 PARK GATE ROAD is 71m², which includes one extension, according to the EPC inspection conducted in November 2010. This puts it in the smallest 10% of detached houses in Cannock Wood, based on EPC data. The below chart shows the distribution of detached houses by size in Cannock Wood, and where 3 PARK GATE ROAD lies on this distribution: 2% of detached houses are smaller than 3 PARK GATE ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Cannock Wood.
3 PARK GATE ROAD sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 3 PARK GATE 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 3 PARK GATE 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.
3 PARK GATE ROAD is located in RUGELEY, in the WS15 postcode district. The below map shows the position of No. 3 on PARK GATE ROAD.