43, NEW ROAD, RUGELEY, WS15 4AA - £187,500

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.

43 NEW ROAD is a small semi-detached house of 88m², built sometime before 1900, which could now be worth an estimated £229,492. It was last sold for £187,500 in August 2021, which was around 25% below the average August 2021 semi-detached price in the Lichfield local authority area. The most recent EPC inspection was December 2008, where the current energy rating was E, and the potential energy rating was D.

43 NEW ROAD Sold Prices

Land registry data shows four sales for 43 NEW ROAD 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 Lichfield local authority area for the corresponding sale date. All of the four 43 NEW ROAD 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
2021 26 AUG	£187,500	£249,098	25% below HPI
2016 28 NOV	£127,000	£208,272	39% below HPI
2003 21 OCT	£115,000	£131,969	13% below HPI
2001 20 DEC	£40,000	£92,215	57% below HPI

43 NEW ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lichfield local authority area over time, sourced from the HPI. The four 43 NEW ROAD sales between December 2001 and August 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 November 2016 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the August 2021 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 43 NEW ROAD be worth now?

43 NEW ROAD might now be worth an estimated £229,492.

This is based on house price inflation of 22.4%, between August 2021 and February 2025, for semi-detached houses, in the Lichfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.4% inflationary increase is applied to the most recent sale price for 43 NEW ROAD of £187,500 on 26th August 2021. For the value to have increased from £187,500 to £229,492 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 43 NEW ROAD has moved in line with the HPI for semi-detached houses in the Lichfield local authority area.
• The August 2021 sale price of £187,500 represented a fair market value for the property.
• The size, condition, and specification of 43 NEW ROAD has not materially changed since August 2021.

How Large is 43 NEW ROAD?

43 NEW ROAD is 88m² according to the EPC inspection conducted in December 2008. This puts it in the smallest 30% of semi-detached houses houses in Armitage, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Armitage, and where 43 NEW ROAD lies on this distribution: 29% of semi-detached houses houses are smaller than 43 NEW ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Armitage.

43 NEW ROAD: Plot and Title Map

43 NEW ROAD sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 43 NEW ROAD, 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 43 NEW ROAD). 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 43 NEW ROAD?

43 NEW ROAD is located in RUGELEY, in the WS15 postcode district. The below map shows the position of No. 43 on NEW ROAD.