31, RAKE END, HILL RIDWARE, RUGELEY, WS15 3RG - £265,000

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.

31 RAKE END is a very small semi-detached house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £327,685. It was last sold for £265,000 in December 2020, which was around 9% above the average December 2020 semi-detached price in the Lichfield local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

31 RAKE END Sold Prices

Land registry data shows two sales for 31 RAKE END since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Lichfield local authority area for the corresponding sale date. Both of the two 31 RAKE END 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
2020 17 DEC	£265,000	£242,504	9% above HPI
1999 12 JAN	£70,000	£68,529	2% above HPI

31 RAKE END Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lichfield local authority area over time, sourced from the HPI. The two 31 RAKE END sales from January 1999 and December 2020 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 January 1999 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the December 2020 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 31 RAKE END be worth now?

31 RAKE END might now be worth an estimated £327,685.

This is based on house price inflation of 23.7%, between December 2020 and June 2025, for semi-detached houses, in the Lichfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.7% inflationary increase is applied to the most recent sale price for 31 RAKE END of £265,000 on 17th December 2020. For the value to have increased from £265,000 to £327,685 over the five years and six months to June 2025, the following assumptions must hold true:

• The value of 31 RAKE END has moved in line with the HPI for semi-detached houses in the Lichfield local authority area.
• The December 2020 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 31 RAKE END has not materially changed since December 2020.

How Large is 31 RAKE END?

31 RAKE END is 86m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% of semi-detached houses houses in Hill Ridware, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hill Ridware, and where 31 RAKE END lies on this distribution: 17% of semi-detached houses houses are smaller than 31 RAKE END, and 83% of houses are larger. Note that EPC data is not available for all properties in Hill Ridware.

31 RAKE END: Plot and Title Map

31 RAKE END sits on a plot of roughly 0.135 of an acre, or 546m². The below map shows the location of 31 RAKE END, 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 31 RAKE END). 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 31 RAKE END?

31 RAKE END is located in HILL RIDWARE, in the WS15 postcode district. The below map shows the position of No. 31 on RAKE END.