5, RICHARDSON WAY, RUGELEY, WS15 2TD - £245,000

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

5 RICHARDSON WAY is a large detached house of 120m², built sometime between 2003 and 2006. It was last sold for £245,000 in June 2016, which was around 11% above the average June 2016 detached price in the Cannock Chase local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

5 RICHARDSON WAY Sold Prices

Land registry data shows two sales for 5 RICHARDSON WAY 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 5 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
2016 17 JUN	£245,000	£220,544	11% above HPI
2004 20 AUG	£206,995	£174,384	19% above HPI

5 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 two 5 RICHARDSON WAY sales from August 2004 and June 2016 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 August 2004 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the June 2016 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 5 RICHARDSON WAY?

5 RICHARDSON WAY is 120m² according to the EPC inspection conducted in July 2015. This puts it in the largest 40% of detached houses in Rugeley, based on EPC data. The below chart shows the distribution of detached houses by size in Rugeley, and where 5 RICHARDSON WAY lies on this distribution: 66% of detached houses are smaller than 5 RICHARDSON WAY, and 33% of houses are larger. Note that EPC data is not available for all properties in Rugeley.

5 RICHARDSON WAY: Plot and Title Map

5 RICHARDSON WAY sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 5 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 5 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 5 RICHARDSON WAY?

5 RICHARDSON WAY is located in RUGELEY, in the WS15 postcode district. The below map shows the position of No. 5 on RICHARDSON WAY.