15, SPENCER AVENUE, BEWDLEY, DY12 1DA - £400,000

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 SPENCER AVENUE is a small extended detached house of 88m², built sometime between 1950 and 1966, which could now be worth an estimated £393,606. It was last sold for £400,000 in June 2023, which was around 3% above the average June 2023 detached price in the Wyre Forest local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

15 SPENCER AVENUE Sold Prices

Land registry data shows two sales for 15 SPENCER AVENUE 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. One of the two 15 SPENCER AVENUE sales was for above the average price, whilst the other was 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
2023 2 JUN	£400,000	£387,663	3% above HPI
2015 30 JAN	£209,950	£247,399	15% below HPI

15 SPENCER AVENUE 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 SPENCER AVENUE sales from January 2015 and June 2023 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 2015 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2023 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 15 SPENCER AVENUE be worth now?

15 SPENCER AVENUE might now be worth an estimated £393,606.

This is based on house price deflation of 1.6%, between June 2023 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 1.6% deflationary decrease is applied to the most recent sale price for 15 SPENCER AVENUE of £400,000 on 2nd June 2023. For the value to have decreased from £400,000 to £393,606 over the two years and four months to February 2025, the following assumptions must hold true:

• The value of 15 SPENCER AVENUE has moved in line with the HPI for detached houses in the Wyre Forest local authority area.
• The June 2023 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 15 SPENCER AVENUE has not materially changed since June 2023.

How Large is 15 SPENCER AVENUE?

15 SPENCER AVENUE is 88m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 40% of detached houses houses in Bewdley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bewdley, and where 15 SPENCER AVENUE lies on this distribution: 31% of detached houses houses are smaller than 15 SPENCER AVENUE, and 68% of houses are larger. Note that EPC data is not available for all properties in Bewdley.

15 SPENCER AVENUE: Plot and Title Map

15 SPENCER AVENUE sits on a plot of roughly 0.201 of an acre, or 812m². The below map shows the location of 15 SPENCER AVENUE, 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 SPENCER AVENUE). 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 SPENCER AVENUE?

15 SPENCER AVENUE is located in BEWDLEY, in the DY12 postcode district. The below map shows the position of No. 15 on SPENCER AVENUE.