TEKAINGA, LOWER WAY, RUGELEY, WS15 1QQ - £290,000

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

TEKAINGA is a small extended detached house of 115m², built sometime between 1950 and 1966. It was last sold for £290,000 in March 2017, which was around 15% below the average March 2017 detached price in the Lichfield local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

TEKAINGA Sold Prices

Land registry data shows three sales for TEKAINGA 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 TEKAINGA 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
2017 31 MAR	£290,000	£340,000	15% below HPI
2001 3 JUL	£140,000	£154,990	10% below HPI
1995 17 NOV	£75,000	£93,993	20% below HPI

TEKAINGA 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 TEKAINGA sales between November 1995 and March 2017 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 July 2001 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2017 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is TEKAINGA?

TEKAINGA is 115m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 30% 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 TEKAINGA lies on this distribution: 20% of detached houses are smaller than TEKAINGA, and 80% of houses are larger. Note that EPC data is not available for all properties in Upper Longdon.

TEKAINGA: Plot and Title Map

TEKAINGA sits on a plot of roughly 0.121 of an acre, or 492m². The below map shows the location of TEKAINGA, 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 TEKAINGA). 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 TEKAINGA?

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