16, RESERVOIR ROAD, KIDDERMINSTER, DY11 7AP - £275,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 RESERVOIR ROAD is a very small extended detached house of 82m², built sometime between 1967 and 1975. It was last sold for £275,000 in August 2022, which was around 27% below the average August 2022 detached price in the Wyre Forest local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

16 RESERVOIR ROAD Sold Prices

Land registry data shows three sales for 16 RESERVOIR ROAD 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 16 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
2022 22 AUG	£275,000	£376,440	27% below HPI
1998 16 APR	£82,000	£101,000	19% below HPI
1997 21 FEB	£62,000	£88,105	30% below HPI

16 RESERVOIR ROAD 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 16 RESERVOIR ROAD sales between February 1997 and August 2022 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 April 1998 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2022 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 16 RESERVOIR ROAD?

16 RESERVOIR ROAD is 82m², which includes one extension, according to the EPC inspection conducted in April 2013. 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 16 RESERVOIR ROAD lies on this distribution: 19% of detached houses are smaller than 16 RESERVOIR ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Kidderminster.

16 RESERVOIR ROAD: Plot and Title Map

16 RESERVOIR ROAD sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 16 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 16 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.

Where is 16 RESERVOIR ROAD?

16 RESERVOIR ROAD is located in KIDDERMINSTER, in the DY11 postcode district. The below map shows the position of No. 16 on RESERVOIR ROAD.