58, NEW ROAD, RUGELEY, WS15 4BJ - £380,000

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

58 NEW ROAD is a very large extended detached house of 250m², built sometime between 1930 and 1949. It was last sold for £380,000 in June 2007, which was around 30% above the average June 2007 detached price in the Lichfield local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was C.

58 NEW ROAD Sold Prices

Land registry data shows three sales for 58 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. All of the three 58 NEW ROAD 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
2007 29 JUN	£380,000	£292,626	30% above HPI
2002 21 JUN	£250,000	£176,647	42% above HPI
1998 6 NOV	£151,000	£123,281	22% above HPI

58 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 58 NEW ROAD sales between November 1998 and June 2007 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 2002 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the June 2007 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 58 NEW ROAD?

58 NEW ROAD is 250m², which includes four extensions, according to the EPC inspection conducted in April 2017. 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 58 NEW ROAD lies on this distribution: 99% of detached houses are smaller than 58 NEW ROAD, and 1% of houses are larger. Note that EPC data is not available for all properties in Armitage.

58 NEW ROAD: Plot and Title Map

58 NEW ROAD sits on a plot of roughly 0.238 of an acre, or 965m². The below map shows the location of 58 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 58 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 58 NEW ROAD?

58 NEW ROAD is located in RUGELEY, in the WS15 postcode district. The below map shows the position of No. 58 on NEW ROAD.