55, FORTESCUE LANE, RUGELEY, WS15 2AD - £195,000

55 FORTESCUE LANE is a very small extended detached house of 80m², built sometime between 1930 and 1949. It was last sold for £195,000 in December 2021, which was around 35% below the average December 2021 detached price in the Cannock Chase local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

55 FORTESCUE LANE Sold Prices

Land registry data shows two sales for 55 FORTESCUE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cannock Chase local authority area for the corresponding sale date. One of the two 55 FORTESCUE LANE sales was for below the average price, whilst the other was 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
2021 20 DEC	£195,000	£300,223	35% below HPI
2021 12 MAR	£285,000	£280,698	2% above HPI

55 FORTESCUE LANE 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 two 55 FORTESCUE LANE sales from March 2021 and December 2021 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 2021 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the December 2021 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 55 FORTESCUE LANE?

55 FORTESCUE LANE is 80m², which includes one extension, according to the EPC inspection conducted in July 2020. 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 55 FORTESCUE LANE lies on this distribution: 17% of detached houses are smaller than 55 FORTESCUE LANE, and 82% of houses are larger. Note that EPC data is not available for all properties in Rugeley.

55 FORTESCUE LANE: Plot and Title Map

55 FORTESCUE LANE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 55 FORTESCUE LANE, 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 55 FORTESCUE LANE). 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 55 FORTESCUE LANE?

55 FORTESCUE LANE is located in RUGELEY, in the WS15 postcode district. The below map shows the position of No. 55 on FORTESCUE LANE.