8, PINESIDE AVENUE, RUGELEY, WS15 4RG - £240,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 PINESIDE AVENUE is a very small extended detached house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £376,058. It was last sold for £240,000 in February 2016, which was around 11% above the average February 2016 detached price in the Cannock Chase local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

8 PINESIDE AVENUE Sold Prices

Land registry data shows two sales for 8 PINESIDE AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cannock Chase local authority area for the corresponding sale date. One of the two 8 PINESIDE AVENUE sales was for above the average price, whilst the other was 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 12 FEB	£240,000	£215,434	11% above HPI
2014 23 MAY	£165,000	£197,536	16% below HPI

8 PINESIDE AVENUE 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 two 8 PINESIDE AVENUE sales from May 2014 and February 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 May 2014 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2016 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 8 PINESIDE AVENUE be worth now?

8 PINESIDE AVENUE might now be worth an estimated £376,058.

This is based on house price inflation of 56.7%, between February 2016 and February 2025, for detached houses, in the Cannock Chase local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 56.7% inflationary increase is applied to the most recent sale price for 8 PINESIDE AVENUE of £240,000 on 12th February 2016. For the value to have increased from £240,000 to £376,058 over the nine years to February 2025, the following assumptions must hold true:

• The value of 8 PINESIDE AVENUE has moved in line with the HPI for detached houses in the Cannock Chase local authority area.
• The February 2016 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PINESIDE AVENUE has not materially changed since February 2016.

How Large is 8 PINESIDE AVENUE?

8 PINESIDE AVENUE is 87m², which includes three extensions, according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% of detached houses houses in Cannock Wood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cannock Wood, and where 8 PINESIDE AVENUE lies on this distribution: 19% of detached houses houses are smaller than 8 PINESIDE AVENUE, and 81% of houses are larger. Note that EPC data is not available for all properties in Cannock Wood.

8 PINESIDE AVENUE: Plot and Title Map

8 PINESIDE AVENUE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 8 PINESIDE AVENUE, 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 PINESIDE AVENUE). 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 PINESIDE AVENUE?

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