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
12 RESERVOIR ROAD is a very small detached house of 81m², built sometime between 1930 and 1949. It was last sold for £198,000 in November 2011, which was around 13% below the average November 2011 detached price in the Wyre Forest local authority area. The most recent EPC inspection was July 2010, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 12 RESERVOIR ROAD since 1st 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 12 RESERVOIR ROAD 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 |
---|---|---|---|
2011 11 NOV | £198,000 | £226,682 | 13% below HPI |
2010 24 FEB | £115,000 | £218,518 | 47% below HPI |
The below graph shows the average detached house price in the Wyre Forest local authority area over time, sourced from the HPI. The two 12 RESERVOIR ROAD sales from February 2010 and November 2011 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 February 2010 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the November 2011 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.
12 RESERVOIR ROAD is 81m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 20% of detached houses in Kidderminster, based on EPC data. The below chart shows the distribution of detached houses by size in Kidderminster, and where 12 RESERVOIR ROAD lies on this distribution: 19% of detached houses are smaller than 12 RESERVOIR ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Kidderminster.
12 RESERVOIR ROAD sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 12 RESERVOIR ROAD, 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 12 RESERVOIR ROAD). 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.
12 RESERVOIR ROAD is located in KIDDERMINSTER, in the DY11 postcode district. The below map shows the position of No. 12 on RESERVOIR ROAD.