8, PREEDYS CLOSE, ABBOTS BROMLEY, RUGELEY, WS15 3EE - £400,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 PREEDYS CLOSE is a large extended detached house of 171m², built sometime between 1976 and 1982, which could now be worth an estimated £511,134. It was last sold for £400,000 in April 2018, which was around 49% above the average April 2018 detached price in the East Staffordshire local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was C.

8 PREEDYS CLOSE Sold Prices

Land registry data shows two sales for 8 PREEDYS 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 East Staffordshire local authority area for the corresponding sale date. Both of the two 8 PREEDYS CLOSE 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
2018 10 APR	£400,000	£267,728	49% above HPI
2007 21 FEB	£320,000	£208,520	53% above HPI

8 PREEDYS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Staffordshire local authority area over time, sourced from the HPI. The two 8 PREEDYS CLOSE sales from February 2007 and April 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 February 2007 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the April 2018 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 8 PREEDYS CLOSE be worth now?

8 PREEDYS CLOSE might now be worth an estimated £511,134.

This is based on house price inflation of 27.8%, between April 2018 and December 2024, for detached houses, in the East Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.8% inflationary increase is applied to the most recent sale price for 8 PREEDYS CLOSE of £400,000 on 10th April 2018. For the value to have increased from £400,000 to £511,134 over the five years and four months to December 2024, the following assumptions must hold true:

• The value of 8 PREEDYS CLOSE has moved in line with the HPI for detached houses in the East Staffordshire local authority area.
• The April 2018 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PREEDYS CLOSE has not materially changed since April 2018.

How Large is 8 PREEDYS CLOSE?

8 PREEDYS CLOSE is 171m², which includes two extensions, according to the EPC inspection conducted in March 2018. This puts it in the largest 30% of detached houses houses in Abbots Bromley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Abbots Bromley, and where 8 PREEDYS CLOSE lies on this distribution: 69% of detached houses houses are smaller than 8 PREEDYS CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Abbots Bromley.

8 PREEDYS CLOSE: Plot and Title Map

8 PREEDYS CLOSE sits on a plot of roughly 0.152 of an acre, or 616m². The below map shows the location of 8 PREEDYS 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 PREEDYS 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 PREEDYS CLOSE?

8 PREEDYS CLOSE is located in ABBOTS BROMLEY, in the WS15 postcode district. The below map shows the position of No. 8 on PREEDYS CLOSE.