4, RICHARDSON WAY, RUGELEY, WS15 2TD - £350,000

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.

4 RICHARDSON WAY is a large detached house of 131m², built sometime between 2003 and 2006, which could now be worth an estimated £354,731. It was last sold for £350,000 in November 2022, which was around 5% above the average November 2022 detached price in the Cannock Chase local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

4 RICHARDSON WAY Sold Prices

Land registry data shows four sales for 4 RICHARDSON WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cannock Chase local authority area for the corresponding sale date. All of the four 4 RICHARDSON WAY 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
2022 10 NOV	£350,000	£333,063	5% above HPI
2016 28 OCT	£250,000	£221,671	13% above HPI
2007 6 JUL	£230,000	£203,325	13% above HPI
2004 20 AUG	£200,995	£174,176	15% above HPI

4 RICHARDSON 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 four 4 RICHARDSON WAY sales between August 2004 and November 2022 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 2016 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the November 2022 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 4 RICHARDSON WAY be worth now?

4 RICHARDSON WAY might now be worth an estimated £354,731.

This is based on house price inflation of 1.4%, between November 2022 and February 2025, 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 1.4% inflationary increase is applied to the most recent sale price for 4 RICHARDSON WAY of £350,000 on 10th November 2022. For the value to have increased from £350,000 to £354,731 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 4 RICHARDSON WAY has moved in line with the HPI for detached houses in the Cannock Chase local authority area.
• The November 2022 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 4 RICHARDSON WAY has not materially changed since November 2022.

How Large is 4 RICHARDSON WAY?

4 RICHARDSON WAY is 131m² according to the EPC inspection conducted in September 2022. This puts it in the largest 30% 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 4 RICHARDSON WAY lies on this distribution: 76% of detached houses houses are smaller than 4 RICHARDSON WAY, and 24% of houses are larger. Note that EPC data is not available for all properties in Rugeley.

4 RICHARDSON WAY: Plot and Title Map

4 RICHARDSON WAY sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 4 RICHARDSON 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 4 RICHARDSON 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 4 RICHARDSON WAY?

4 RICHARDSON WAY is located in RUGELEY, in the WS15 postcode district. The below map shows the position of No. 4 on RICHARDSON WAY.