43, SHERINGHAM DRIVE, RUGELEY, WS15 2YG - £320,000

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.

43 SHERINGHAM DRIVE is a small extended detached house of 85m², built sometime between 1976 and 1982, which could now be worth an estimated £332,893. It was last sold for £320,000 in August 2022, which was around 1% below the average August 2022 detached price in the Cannock Chase local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

43 SHERINGHAM DRIVE Sold Prices

Land registry data shows two sales for 43 SHERINGHAM DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cannock Chase local authority area for the corresponding sale date. Both of the two 43 SHERINGHAM 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
2022 5 AUG	£320,000	£324,491	1% below HPI
2000 16 JUN	£87,000	£88,428	2% below HPI

43 SHERINGHAM DRIVE 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 two 43 SHERINGHAM DRIVE sales from June 2000 and August 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 June 2000 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2022 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 43 SHERINGHAM DRIVE be worth now?

43 SHERINGHAM DRIVE might now be worth an estimated £332,893.

This is based on house price inflation of 4%, between August 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 4% inflationary increase is applied to the most recent sale price for 43 SHERINGHAM DRIVE of £320,000 on 5th August 2022. For the value to have increased from £320,000 to £332,893 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 43 SHERINGHAM DRIVE has moved in line with the HPI for detached houses in the Cannock Chase local authority area.
• The August 2022 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 43 SHERINGHAM DRIVE has not materially changed since August 2022.

How Large is 43 SHERINGHAM DRIVE?

43 SHERINGHAM DRIVE is 85m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the smallest 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 43 SHERINGHAM DRIVE lies on this distribution: 25% of detached houses houses are smaller than 43 SHERINGHAM DRIVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Rugeley.

43 SHERINGHAM DRIVE: Plot and Title Map

43 SHERINGHAM DRIVE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 43 SHERINGHAM 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 43 SHERINGHAM 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 43 SHERINGHAM DRIVE?

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