7, MONARCHY CLOSE, RUGELEY, WS15 2DE - £190,000

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

7 MONARCHY CLOSE is a small extended detached house of 86m², built sometime between 1996 and 2002. It was last sold for £190,000 in June 2016, which was around 14% below the average June 2016 detached price in the Cannock Chase local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

7 MONARCHY CLOSE Sold Prices

Land registry data shows three sales for 7 MONARCHY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cannock Chase local authority area for the corresponding sale date. All of the three 7 MONARCHY CLOSE 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
2016 24 JUN	£190,000	£220,544	14% below HPI
2010 2 JUL	£168,500	£186,291	10% below HPI
2003 25 APR	£128,150	£135,886	6% below HPI

7 MONARCHY CLOSE 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 three 7 MONARCHY CLOSE sales between April 2003 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 July 2010 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2016 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 7 MONARCHY CLOSE?

7 MONARCHY CLOSE is 86m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 30% of detached houses in Rugeley, based on EPC data. The below chart shows the distribution of detached houses by size in Rugeley, and where 7 MONARCHY CLOSE lies on this distribution: 27% of detached houses are smaller than 7 MONARCHY CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Rugeley.

7 MONARCHY CLOSE: Plot and Title Map

7 MONARCHY CLOSE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 7 MONARCHY CLOSE, 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 7 MONARCHY CLOSE). 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 7 MONARCHY CLOSE?

7 MONARCHY CLOSE is located in RUGELEY, in the WS15 postcode district. The below map shows the position of No. 7 on MONARCHY CLOSE.