15, GREATWICH WAY, KIDDERMINSTER, DY10 2GB - £275,000

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.

15 GREATWICH WAY is a large detached house of 120m², which could now be worth an estimated £339,130. It was last sold for £275,000 in July 2020, which was around 11% below the average July 2020 detached price in the Wyre Forest local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

15 GREATWICH WAY Sold Prices

Land registry data shows two sales for 15 GREATWICH WAY 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 15 GREATWICH WAY 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
2020 10 JUL	£275,000	£309,330	11% below HPI
2015 26 MAR	£240,495	£245,331	2% below HPI

15 GREATWICH WAY 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 15 GREATWICH WAY sales from March 2015 and July 2020 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 2015 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2020 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 15 GREATWICH WAY be worth now?

15 GREATWICH WAY might now be worth an estimated £339,130.

This is based on house price inflation of 23.3%, between July 2020 and February 2025, for detached houses, in the Wyre Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.3% inflationary increase is applied to the most recent sale price for 15 GREATWICH WAY of £275,000 on 10th July 2020. For the value to have increased from £275,000 to £339,130 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 15 GREATWICH WAY has moved in line with the HPI for detached houses in the Wyre Forest local authority area.
• The July 2020 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 15 GREATWICH WAY has not materially changed since July 2020.

How Large is 15 GREATWICH WAY?

15 GREATWICH WAY is 120m² according to the EPC inspection conducted in October 2014. This puts it in the largest 40% of detached houses houses in Kidderminster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kidderminster, and where 15 GREATWICH WAY lies on this distribution: 65% of detached houses houses are smaller than 15 GREATWICH WAY, and 34% of houses are larger. Note that EPC data is not available for all properties in Kidderminster.

15 GREATWICH WAY: Plot and Title Map

15 GREATWICH WAY sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 15 GREATWICH WAY, 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 15 GREATWICH WAY). 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 15 GREATWICH WAY?

15 GREATWICH WAY is located in KIDDERMINSTER, in the DY10 postcode district. The below map shows the position of No. 15 on GREATWICH WAY.