22, MARCH BANKS, RUGELEY, WS15 2SA - £245,000

22 MARCH BANKS is a very small extended detached house of 79m², built sometime between 1967 and 1975. It was last sold for £245,000 in January 2024, which was around 27% below the average January 2024 detached price in the Cannock Chase local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

22 MARCH BANKS Sold Prices

Land registry data shows three sales for 22 MARCH BANKS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cannock Chase local authority area for the corresponding sale date. All of the three 22 MARCH BANKS 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
2024 26 JAN	£245,000	£333,628	27% below HPI
2021 16 JUL	£217,000	£285,943	24% below HPI
2007 8 JUN	£133,500	£202,292	34% below HPI

22 MARCH BANKS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cannock Chase local authority area over time, sourced from the HPI. The three 22 MARCH BANKS sales between June 2007 and January 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 July 2021 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the January 2024 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 22 MARCH BANKS?

22 MARCH BANKS is 79m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the smallest 20% of detached houses in Rugeley, based on EPC data. The below chart shows the distribution of detached houses by size in Rugeley, and where 22 MARCH BANKS lies on this distribution: 16% of detached houses are smaller than 22 MARCH BANKS, and 83% of houses are larger. Note that EPC data is not available for all properties in Rugeley.

22 MARCH BANKS: Plot and Title Map

22 MARCH BANKS sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 22 MARCH BANKS, 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 22 MARCH BANKS). 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 22 MARCH BANKS?

22 MARCH BANKS is located in RUGELEY, in the WS15 postcode district. The below map shows the position of No. 22 on MARCH BANKS.