56, NEW ROAD, RUGELEY, WS15 4BJ - £450,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

56 NEW ROAD is a very large detached house of 155m², built sometime between 1930 and 1949. It was last sold for £450,000 in October 2021, which was around 7% above the average October 2021 detached price in the Lichfield local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was C.

56 NEW ROAD Sold Prices

Land registry data shows three sales for 56 NEW ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. One of the three 56 NEW ROAD sales was for above the average price, whilst two 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 22 OCT	£450,000	£421,688	7% above HPI
2011 14 JUL	£172,800	£275,211	37% below HPI
2009 7 JAN	£215,000	£250,936	14% below HPI

56 NEW ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The three 56 NEW ROAD sales between January 2009 and October 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 July 2011 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the October 2021 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 56 NEW ROAD?

56 NEW ROAD is 155m² according to the EPC inspection conducted in June 2021. This puts it in the largest 10% of detached houses in Armitage, based on EPC data. The below chart shows the distribution of detached houses by size in Armitage, and where 56 NEW ROAD lies on this distribution: 90% of detached houses are smaller than 56 NEW ROAD, and 10% of houses are larger. Note that EPC data is not available for all properties in Armitage.

56 NEW ROAD: Plot and Title Map

56 NEW ROAD sits on a plot of roughly 0.196 of an acre, or 794m². The below map shows the location of 56 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 56 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 56 NEW ROAD?

56 NEW ROAD is located in RUGELEY, in the WS15 postcode district. The below map shows the position of No. 56 on NEW ROAD.