8, MAVESYN CLOSE, HILL RIDWARE, RUGELEY, WS15 3RA - £250,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 MAVESYN CLOSE is a very small detached house of 69m², built sometime between 1976 and 1982. It was last sold for £250,000 in September 2019, which was around 32% below the average September 2019 detached price in the Lichfield local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

8 MAVESYN CLOSE Sold Prices

Land registry data shows two sales for 8 MAVESYN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. Both of the two 8 MAVESYN 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
2019 16 SEP	£250,000	£369,055	32% below HPI
1999 6 AUG	£69,950	£123,786	43% below HPI

8 MAVESYN CLOSE 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 two 8 MAVESYN CLOSE sales from August 1999 and September 2019 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 August 1999 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the September 2019 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 8 MAVESYN CLOSE?

8 MAVESYN CLOSE is 69m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% 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 8 MAVESYN CLOSE lies on this distribution: 4% of detached houses are smaller than 8 MAVESYN CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Hill Ridware.

8 MAVESYN CLOSE: Plot and Title Map

8 MAVESYN CLOSE sits on a plot of roughly 0.135 of an acre, or 548m². The below map shows the location of 8 MAVESYN 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 8 MAVESYN 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 8 MAVESYN CLOSE?

8 MAVESYN CLOSE is located in HILL RIDWARE, in the WS15 postcode district. The below map shows the position of No. 8 on MAVESYN CLOSE.