31, SPEECHLY DRIVE, RUGELEY, WS15 2PT - £101,650

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 SPEECHLY DRIVE is a very small semi-detached house of 77m², built sometime between 1976 and 1982, which could now be worth an estimated £189,769. It was last sold for £101,650 in November 2010, which was around 13% below the average November 2010 semi-detached price in the Cannock Chase local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

31 SPEECHLY DRIVE Sold Prices

Land registry data shows four sales for 31 SPEECHLY 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 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
2010 5 NOV	£101,650	£116,788	13% below HPI
2003 7 MAY	£69,950	£84,360	17% below HPI
2001 29 JUN	£54,950	£55,932	2% below HPI
1999 26 MAR	£44,500	£47,466	6% below HPI

31 SPEECHLY 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 SPEECHLY DRIVE sales between March 1999 and November 2010 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 May 2003 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2010 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 31 SPEECHLY DRIVE be worth now?

31 SPEECHLY DRIVE might now be worth an estimated £189,769.

This is based on house price inflation of 86.7%, between November 2010 and March 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 86.7% inflationary increase is applied to the most recent sale price for 31 SPEECHLY DRIVE of £101,650 on 5th November 2010. For the value to have increased from £101,650 to £189,769 over the fifteen years and eight months to March 2025, the following assumptions must hold true:

• The value of 31 SPEECHLY DRIVE has moved in line with the HPI for semi-detached houses in the Cannock Chase local authority area.
• The November 2010 sale price of £101,650 represented a fair market value for the property.
• The size, condition, and specification of 31 SPEECHLY DRIVE has not materially changed since November 2010.

How Large is 31 SPEECHLY DRIVE?

31 SPEECHLY DRIVE is 77m² according to the EPC inspection conducted in April 2014. 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 SPEECHLY DRIVE lies on this distribution: 14% of semi-detached houses houses are smaller than 31 SPEECHLY DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Rugeley.

31 SPEECHLY DRIVE: Plot and Title Map

31 SPEECHLY DRIVE sits on a plot of roughly 0.042 of an acre, or 168m². The below map shows the location of 31 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 31 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 31 SPEECHLY DRIVE?

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