8, MILLSIDE, RUGELEY, WS15 2FG - £575,000

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 MILLSIDE is a very large detached house of 271m², built sometime between 1996 and 2002. It was last sold for £575,000 in March 2021, which was around 105% above the average March 2021 detached price in the Cannock Chase local authority area. The most recent EPC inspection was February 2016, where the current energy rating was B, and the potential energy rating was B.

8 MILLSIDE Sold Prices

Land registry data shows four sales for 8 MILLSIDE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cannock Chase local authority area for the corresponding sale date. Most of the four 8 MILLSIDE 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
2021 30 MAR	£575,000	£280,698	105% above HPI
2016 14 OCT	£555,000	£221,935	150% above HPI
2003 30 JUL	£320,000	£151,043	112% above HPI
2000 27 APR	£68,000	£88,435	23% below HPI

8 MILLSIDE 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 four 8 MILLSIDE sales between April 2000 and March 2021 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 2016 sale was for 150% above the HPI. So the extrapolation line tracks at 150% above the HPI over time, until the March 2021 sale, where it falls to 105% above the HPI. The line then continues to track at 105% above the HPI.

How Large is 8 MILLSIDE?

8 MILLSIDE is 271m² according to the EPC inspection conducted in February 2016. This puts it in the largest 10% of detached houses in Slitting Mill, based on EPC data. The below chart shows the distribution of detached houses by size in Slitting Mill, and where 8 MILLSIDE lies on this distribution: 97% of detached houses are smaller than 8 MILLSIDE, and 3% of houses are larger. Note that EPC data is not available for all properties in Slitting Mill.

8 MILLSIDE: Plot and Title Map

8 MILLSIDE sits on a plot of roughly 0.134 of an acre, or 541m². The below map shows the location of 8 MILLSIDE, 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 MILLSIDE). 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 MILLSIDE?

8 MILLSIDE is located in RUGELEY, in the WS15 postcode district. The below map shows the position of No. 8 on MILLSIDE.