3, SPEECHLY DRIVE, RUGELEY, WS15 2PT - £134,950

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 SPEECHLY DRIVE is a midsized extended detached house of 106m², built sometime between 1967 and 1975. It was last sold for £134,950 in October 2006, which was around 32% below the average October 2006 detached price in the Cannock Chase local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

3 SPEECHLY DRIVE Sold Prices

Land registry data shows three sales for 3 SPEECHLY DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cannock Chase local authority area for the corresponding sale date. All of the three 3 SPEECHLY DRIVE 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
2006 20 OCT	£134,950	£198,744	32% below HPI
1996 25 OCT	£48,500	£72,411	33% below HPI
1995 13 APR	£44,500	£66,421	33% below HPI

3 SPEECHLY DRIVE 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 three 3 SPEECHLY DRIVE sales between April 1995 and October 2006 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 October 1996 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2006 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 3 SPEECHLY DRIVE be worth now?

3 SPEECHLY DRIVE might now be worth an estimated £226,309.

This is based on house price inflation of 67.7%, between October 2006 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 67.7% inflationary increase is applied to the most recent sale price for 3 SPEECHLY DRIVE of £134,950 on 20th October 2006. For the value to have increased from £134,950 to £226,309 over the seventeen years and ten months to December 2024, the following assumptions must hold true:

• The value of 3 SPEECHLY DRIVE has moved in line with the HPI for detached houses in the Cannock Chase local authority area.
• The October 2006 sale price of £134,950 represented a fair market value for the property.
• The size, condition, and specification of 3 SPEECHLY DRIVE has not materially changed since October 2006.

How Large is 3 SPEECHLY DRIVE?

3 SPEECHLY DRIVE is 106m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 50% 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 SPEECHLY DRIVE lies on this distribution: 51% of detached houses houses are smaller than 3 SPEECHLY DRIVE, and 48% of houses are larger. Note that EPC data is not available for all properties in Rugeley.

3 SPEECHLY DRIVE: Plot and Title Map

3 SPEECHLY DRIVE sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 3 SPEECHLY DRIVE, 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 SPEECHLY DRIVE). 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 SPEECHLY DRIVE?

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