7, PARK GATE ROAD, RUGELEY, WS15 4RL - £395,000

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 PARK GATE ROAD is a small extended detached house of 98m², built sometime before 1900. It was last sold for £395,000 in June 2024, which was around 16% above the average June 2024 detached price in the Cannock Chase local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

7 PARK GATE ROAD Sold Prices

Land registry data shows five sales for 7 PARK GATE ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cannock Chase local authority area for the corresponding sale date. Most of the five 7 PARK GATE 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
2024 7 JUN	£395,000	£341,886	16% above HPI
2022 20 OCT	£335,000	£329,093	2% above HPI
2002 3 MAY	£139,950	£109,590	28% above HPI
1997 10 OCT	£87,000	£78,083	11% above HPI
1996 20 SEP	£26,000	£73,616	65% below HPI

7 PARK GATE ROAD 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 five 7 PARK GATE ROAD sales between September 1996 and June 2024 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 October 2022 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2024 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 7 PARK GATE ROAD?

7 PARK GATE ROAD is 98m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the smallest 40% of detached houses in Cannock Wood, based on EPC data. The below chart shows the distribution of detached houses by size in Cannock Wood, and where 7 PARK GATE ROAD lies on this distribution: 31% of detached houses are smaller than 7 PARK GATE ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Cannock Wood.

7 PARK GATE ROAD: Plot and Title Map

7 PARK GATE ROAD sits on a plot of roughly 0.124 of an acre, or 500m². The below map shows the location of 7 PARK GATE 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 7 PARK GATE 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 7 PARK GATE ROAD?

7 PARK GATE ROAD is located in RUGELEY, in the WS15 postcode district. The below map shows the position of No. 7 on PARK GATE ROAD.