18, PINERIDGE DRIVE, KIDDERMINSTER, DY11 6BG - £320,000

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.

18 PINERIDGE DRIVE is a very small detached house of 78m², built sometime between 1996 and 2002, which could now be worth an estimated £352,564. It was last sold for £320,000 in September 2021, which was around 8% below the average September 2021 detached price in the Wyre Forest local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

18 PINERIDGE DRIVE Sold Prices

Land registry data shows three sales for 18 PINERIDGE DRIVE 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 18 PINERIDGE DRIVE 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
2021 30 SEP	£320,000	£346,233	8% below HPI
1999 10 FEB	£83,000	£101,959	19% below HPI
1997 15 AUG	£76,000	£98,196	23% below HPI

18 PINERIDGE DRIVE 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 18 PINERIDGE DRIVE sales between August 1997 and September 2021 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 1999 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2021 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 18 PINERIDGE DRIVE be worth now?

18 PINERIDGE DRIVE might now be worth an estimated £352,564.

This is based on house price inflation of 10.2%, between September 2021 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 10.2% inflationary increase is applied to the most recent sale price for 18 PINERIDGE DRIVE of £320,000 on 30th September 2021. For the value to have increased from £320,000 to £352,564 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 18 PINERIDGE DRIVE has moved in line with the HPI for detached houses in the Wyre Forest local authority area.
• The September 2021 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 18 PINERIDGE DRIVE has not materially changed since September 2021.

How Large is 18 PINERIDGE DRIVE?

18 PINERIDGE DRIVE is 78m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 20% 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 18 PINERIDGE DRIVE lies on this distribution: 14% of detached houses houses are smaller than 18 PINERIDGE DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Kidderminster.

18 PINERIDGE DRIVE: Plot and Title Map

18 PINERIDGE DRIVE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 18 PINERIDGE DRIVE, 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 18 PINERIDGE DRIVE). 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 18 PINERIDGE DRIVE?

18 PINERIDGE DRIVE is located in KIDDERMINSTER, in the DY11 postcode district. The below map shows the position of No. 18 on PINERIDGE DRIVE.