PARK HOUSE, LOWER WAY, RUGELEY, WS15 1QG - £1,700,000

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

PARK HOUSE is a very large detached house of 340m², built sometime between 1996 and 2002. It was last sold for £1,700,000 in March 2024, which was around 270% above the average March 2024 detached price in the Lichfield local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.

PARK HOUSE Sold Prices

Land registry data shows three sales for PARK HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the three PARK HOUSE 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
2024 7 MAR	£1,700,000	£459,948	270% above HPI
2002 29 AUG	£570,000	£183,622	210% above HPI
2000 17 MAR	£540,000	£132,734	307% above HPI

PARK HOUSE 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 three PARK HOUSE sales between March 2000 and March 2024 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 2002 sale was for 210% above the HPI. So the extrapolation line tracks at 210% above the HPI over time, until the March 2024 sale, where it rises to 270% above the HPI. The line then continues to track at 270% above the HPI.

How Large is PARK HOUSE?

PARK HOUSE is 340m² according to the EPC inspection conducted in July 2023. This puts it in the largest 10% of detached houses in Upper Longdon, based on EPC data. The below chart shows the distribution of detached houses by size in Upper Longdon, and where PARK HOUSE lies on this distribution: 94% of detached houses are smaller than PARK HOUSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Upper Longdon.

PARK HOUSE: Plot and Title Map

PARK HOUSE sits on a plot of roughly 0.294 of an acre, or 1,191m². The below map shows the location of PARK HOUSE, 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 PARK HOUSE). 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 PARK HOUSE?

PARK HOUSE is located on LOWER WAY in RUGELEY, in the WS15 postcode district. The below map shows the position of PARK HOUSE on LOWER WAY.