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

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

4 RICHARDSON WAY is a large detached house of 131m², built sometime between 2003 and 2006. 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	£334,815	5% above HPI
2016 28 OCT	£250,000	£221,935	13% above HPI
2007 6 JUL	£230,000	£203,568	13% above HPI
2004 20 AUG	£200,995	£174,384	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.

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 in Rugeley, based on EPC data. The below chart shows the distribution of detached houses by size in Rugeley, and where 4 RICHARDSON WAY lies on this distribution: 75% of detached 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.