14, THE PATIOS, KIDDERMINSTER, DY11 5AB - £117,000

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

14 THE PATIOS is a very small detached house of 70m², built sometime between 1950 and 1966. It was last sold for £117,000 in September 2016, which was around 56% below the average September 2016 detached price in the Wyre Forest local authority area. The most recent EPC inspection was December 2011, where the current energy rating was C, and the potential energy rating was C.

14 THE PATIOS Sold Prices

Land registry data shows three sales for 14 THE PATIOS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wyre Forest local authority area for the corresponding sale date. All of the three 14 THE PATIOS 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
2016 2 SEP	£117,000	£267,171	56% below HPI
2012 12 JAN	£107,000	£223,464	52% below HPI
2006 7 NOV	£126,000	£241,841	48% below HPI

14 THE PATIOS 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 three 14 THE PATIOS sales between November 2006 and September 2016 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 2012 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the September 2016 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.

How Large is 14 THE PATIOS?

14 THE PATIOS is 70m² according to the EPC inspection conducted in December 2011. This puts it in the smallest 10% of detached houses in Kidderminster, based on EPC data. The below chart shows the distribution of detached houses by size in Kidderminster, and where 14 THE PATIOS lies on this distribution: 9% of detached houses are smaller than 14 THE PATIOS, and 91% of houses are larger. Note that EPC data is not available for all properties in Kidderminster.

14 THE PATIOS: Plot and Title Map

14 THE PATIOS sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of 14 THE PATIOS, 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 14 THE PATIOS). 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 14 THE PATIOS?

14 THE PATIOS is located in KIDDERMINSTER, in the DY11 postcode district. The below map shows the position of No. 14 on THE PATIOS.