31, DURHAM DRIVE, RUGELEY, WS15 1LD - £230,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

31 DURHAM DRIVE is a very small semi-detached house of 73m², built sometime between 1967 and 1975, which could now be worth an estimated £265,692. It was last sold for £230,000 in October 2021, which was around 25% above the average October 2021 semi-detached price in the Cannock Chase local authority area. The most recent EPC inspection was March 2020, where the current energy rating was E, and the potential energy rating was B.

31 DURHAM DRIVE Sold Prices

Land registry data shows four sales for 31 DURHAM DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Cannock Chase local authority area for the corresponding sale date. All of the four 31 DURHAM DRIVE sales were 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
2021 29 OCT	£230,000	£183,673	25% above HPI
2020 26 OCT	£195,000	£167,284	17% above HPI
2003 11 DEC	£132,450	£94,995	39% above HPI
2002 14 JUN	£93,000	£67,326	38% above HPI

31 DURHAM DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cannock Chase local authority area over time, sourced from the HPI. The four 31 DURHAM DRIVE sales between June 2002 and October 2021 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 2020 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the October 2021 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 31 DURHAM DRIVE be worth now?

31 DURHAM DRIVE might now be worth an estimated £265,692.

This is based on house price inflation of 15.5%, between October 2021 and February 2025, for semi-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 15.5% inflationary increase is applied to the most recent sale price for 31 DURHAM DRIVE of £230,000 on 29th October 2021. For the value to have increased from £230,000 to £265,692 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 31 DURHAM DRIVE has moved in line with the HPI for semi-detached houses in the Cannock Chase local authority area.
• The October 2021 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 31 DURHAM DRIVE has not materially changed since October 2021.

How Large is 31 DURHAM DRIVE?

31 DURHAM DRIVE is 73m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 20% of semi-detached houses houses in Rugeley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Rugeley, and where 31 DURHAM DRIVE lies on this distribution: 11% of semi-detached houses houses are smaller than 31 DURHAM DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Rugeley.

31 DURHAM DRIVE: Plot and Title Map

31 DURHAM DRIVE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 31 DURHAM 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 31 DURHAM 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 31 DURHAM DRIVE?

31 DURHAM DRIVE is located in RUGELEY, in the WS15 postcode district. The below map shows the position of No. 31 on DURHAM DRIVE.