7, RAKE END, HILL RIDWARE, RUGELEY, WS15 3RG - £210,000

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 RAKE END is a midsized extended detached house of 134m², built sometime before 1900. It was last sold for £210,000 in November 2018, which was around 45% below the average November 2018 detached price in the Lichfield local authority area. The most recent EPC inspection was December 2022, where the current energy rating was E, and the potential energy rating was C.

7 RAKE END Sold Prices

Land registry data shows five sales for 7 RAKE END since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the five 7 RAKE END 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
2018 14 NOV	£210,000	£385,074	45% below HPI
2009 23 OCT	£183,500	£262,490	30% below HPI
2007 19 OCT	£175,000	£291,046	40% below HPI
2003 7 MAR	£165,000	£206,196	20% below HPI
1996 5 JUL	£95,000	£96,246	1% below HPI

7 RAKE END 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 five 7 RAKE END sales between July 1996 and November 2018 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 2009 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2018 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 7 RAKE END?

7 RAKE END is 134m², which includes one extension, according to the EPC inspection conducted in December 2022. This puts it in the largest 50% of detached houses in Hill Ridware, based on EPC data. The below chart shows the distribution of detached houses by size in Hill Ridware, and where 7 RAKE END lies on this distribution: 52% of detached houses are smaller than 7 RAKE END, and 47% of houses are larger. Note that EPC data is not available for all properties in Hill Ridware.

7 RAKE END: Plot and Title Map

7 RAKE END sits on a plot of roughly 0.031 of an acre, or 125m². The below map shows the location of 7 RAKE END, 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 RAKE END). 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 RAKE END?

7 RAKE END is located in HILL RIDWARE, in the WS15 postcode district. The below map shows the position of No. 7 on RAKE END.