8, WELLS CLOSE, RUGELEY, WS15 1GG - £188,000

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.

8 WELLS CLOSE is a very small detached house of 77m², built sometime between 1996 and 2002, which could now be worth an estimated £318,549. It was last sold for £188,000 in March 2008, which was around 10% below the average March 2008 detached price in the Cannock Chase local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

8 WELLS CLOSE Sold Prices

Land registry data shows four sales for 8 WELLS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cannock Chase local authority area for the corresponding sale date. Most of the four 8 WELLS CLOSE 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
2008 28 MAR	£188,000	£208,287	10% below HPI
2006 10 MAY	£184,000	£198,027	7% below HPI
2004 2 NOV	£179,950	£176,946	2% above HPI
2003 19 DEC	£155,000	£157,127	1% below HPI

8 WELLS CLOSE 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 four 8 WELLS CLOSE sales between December 2003 and March 2008 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 May 2006 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2008 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 8 WELLS CLOSE be worth now?

8 WELLS CLOSE might now be worth an estimated £318,549.

This is based on house price inflation of 69.4%, between March 2008 and August 2025, for 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 69.4% inflationary increase is applied to the most recent sale price for 8 WELLS CLOSE of £188,000 on 28th March 2008. For the value to have increased from £188,000 to £318,549 over the sixteen years and seven months to August 2025, the following assumptions must hold true:

• The value of 8 WELLS CLOSE has moved in line with the HPI for detached houses in the Cannock Chase local authority area.
• The March 2008 sale price of £188,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WELLS CLOSE has not materially changed since March 2008.

How Large is 8 WELLS CLOSE?

8 WELLS CLOSE is 77m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 20% of detached houses houses in Rugeley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rugeley, and where 8 WELLS CLOSE lies on this distribution: 14% of detached houses houses are smaller than 8 WELLS CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Rugeley.

8 WELLS CLOSE: Plot and Title Map

8 WELLS CLOSE sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 8 WELLS 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 8 WELLS 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 8 WELLS CLOSE?

8 WELLS CLOSE is located in RUGELEY, in the WS15 postcode district. The below map shows the position of No. 8 on WELLS CLOSE.