10, PARK LANE, BEWDLEY, DY12 2ER - £453,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

10 PARK LANE is a very large extended detached house of 160m², built sometime between 1967 and 1975. It was last sold for £453,000 in March 2021, which was around 40% above the average March 2021 detached price in the Wyre Forest local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was C.

10 PARK LANE Sold Prices

Land registry data shows two sales for 10 PARK 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 Wyre Forest local authority area for the corresponding sale date. Both of the two 10 PARK LANE 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
2021 4 MAR	£453,000	£324,033	40% above HPI
2014 31 OCT	£335,000	£235,210	42% above HPI

10 PARK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wyre Forest local authority area over time, sourced from the HPI. The two 10 PARK LANE sales from October 2014 and March 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 October 2014 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the March 2021 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 10 PARK LANE?

10 PARK LANE is 160m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 20% of detached houses in Bewdley, based on EPC data. The below chart shows the distribution of detached houses by size in Bewdley, and where 10 PARK LANE lies on this distribution: 83% of detached houses are smaller than 10 PARK LANE, and 17% of houses are larger. Note that EPC data is not available for all properties in Bewdley.

10 PARK LANE: Plot and Title Map

10 PARK LANE sits on a plot of roughly 0.184 of an acre, or 743m². The below map shows the location of 10 PARK 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 10 PARK 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 10 PARK LANE?

10 PARK LANE is located in BEWDLEY, in the DY12 postcode district. The below map shows the position of No. 10 on PARK LANE.