1, ROYAL CLOSE, RUGELEY, WS15 2DD - £136,000

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.

1 ROYAL CLOSE is a very small semi-detached house of 54m², built sometime between 1996 and 2002, which could now be worth an estimated £228,126. It was last sold for £136,000 in June 2015, which was around 4% above the average June 2015 semi-detached price in the Cannock Chase local authority area. The most recent EPC inspection was January 2009, where the current energy rating was C, and the potential energy rating was C.

1 ROYAL CLOSE Sold Prices

Land registry data shows four sales for 1 ROYAL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Cannock Chase local authority area for the corresponding sale date. The four 1 ROYAL CLOSE sales were a mix of above the average price, and roughly equal to 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
2015 24 JUN	£136,000	£130,159	4% above HPI
2006 3 MAR	£119,950	£120,339	Close to HPI
2005 16 DEC	£125,000	£117,653	6% above HPI
2002 8 NOV	£86,800	£71,787	21% above HPI

1 ROYAL CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cannock Chase local authority area over time, sourced from the HPI. The four 1 ROYAL CLOSE sales between November 2002 and June 2015 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 March 2006 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the June 2015 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 1 ROYAL CLOSE be worth now?

1 ROYAL CLOSE might now be worth an estimated £228,126.

This is based on house price inflation of 67.7%, between June 2015 and May 2026, for semi-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 67.7% inflationary increase is applied to the most recent sale price for 1 ROYAL CLOSE of £136,000 on 24th June 2015. For the value to have increased from £136,000 to £228,126 over the eleven years and one month to May 2026, the following assumptions must hold true:

• The value of 1 ROYAL CLOSE has moved in line with the HPI for semi-detached houses in the Cannock Chase local authority area.
• The June 2015 sale price of £136,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ROYAL CLOSE has not materially changed since June 2015.

How Large is 1 ROYAL CLOSE?

1 ROYAL CLOSE is 54m² according to the EPC inspection conducted in January 2009. This puts it in the smallest 10% of semi-detached houses houses in Rugeley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Rugeley, and where 1 ROYAL CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 1 ROYAL CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Rugeley.

1 ROYAL CLOSE: Plot and Title Map

1 ROYAL CLOSE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 1 ROYAL 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 1 ROYAL 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 1 ROYAL CLOSE?

1 ROYAL CLOSE is located in RUGELEY, in the WS15 postcode district. The below map shows the position of No. 1 on ROYAL CLOSE.