THE THATCH, RAKE END, HILL RIDWARE, RUGELEY, WS15 3RG - £295,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

THE THATCH is a large extended detached house of 153m², built sometime before 1900. It was last sold for £295,000 in August 2012, which was around 4% above the average August 2012 detached price in the Lichfield local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was D.

THE THATCH Sold Prices

Land registry data shows two sales for THE THATCH since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. One of the two THE THATCH 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
2012 10 AUG	£295,000	£282,951	4% above HPI
2005 12 AUG	£249,995	£271,323	8% below HPI

THE THATCH 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 two THE THATCH sales from August 2005 and August 2012 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 2005 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2012 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is THE THATCH?

THE THATCH is 153m², which includes two extensions, according to the EPC inspection conducted in May 2009. This puts it in the largest 40% of detached houses in Hill Ridware, based on EPC data. The below chart shows the distribution of detached houses by size in Hill Ridware, and where THE THATCH lies on this distribution: 68% of detached houses are smaller than THE THATCH, and 32% of houses are larger. Note that EPC data is not available for all properties in Hill Ridware.

THE THATCH: Plot and Title Map

THE THATCH sits on a plot of roughly 0.276 of an acre, or 1,119m². The below map shows the location of THE THATCH, 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 THE THATCH). 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 THE THATCH?

THE THATCH is located on RAKE END in HILL RIDWARE, in the WS15 postcode district. The below map shows the position of THE THATCH on RAKE END.