18, SPRING GROVE ROAD, KIDDERMINSTER, DY11 7JA - £227,500

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 SPRING GROVE ROAD is a large extended detached house of 124m², built sometime between 1930 and 1949, which could now be worth an estimated £283,482. It was last sold for £227,500 in July 2019, which was around 26% below the average July 2019 detached price in the Wyre Forest local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

18 SPRING GROVE ROAD Sold Prices

Land registry data shows four sales for 18 SPRING GROVE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wyre Forest local authority area for the corresponding sale date. All of the four 18 SPRING GROVE 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
2019 15 JUL	£227,500	£306,134	26% below HPI
2009 11 DEC	£163,000	£230,651	29% below HPI
2002 30 JUL	£118,000	£161,470	27% below HPI
1999 5 OCT	£69,500	£110,881	37% below HPI

18 SPRING GROVE 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 four 18 SPRING GROVE ROAD sales between October 1999 and July 2019 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 December 2009 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2019 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 18 SPRING GROVE ROAD be worth now?

18 SPRING GROVE ROAD might now be worth an estimated £283,482.

This is based on house price inflation of 24.6%, between July 2019 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 24.6% inflationary increase is applied to the most recent sale price for 18 SPRING GROVE ROAD of £227,500 on 15th July 2019. For the value to have increased from £227,500 to £283,482 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 18 SPRING GROVE ROAD has moved in line with the HPI for detached houses in the Wyre Forest local authority area.
• The July 2019 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 18 SPRING GROVE ROAD has not materially changed since July 2019.

How Large is 18 SPRING GROVE ROAD?

18 SPRING GROVE ROAD is 124m², which includes two extensions, according to the EPC inspection conducted in June 2019. 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 18 SPRING GROVE ROAD lies on this distribution: 69% of detached houses houses are smaller than 18 SPRING GROVE ROAD, and 31% of houses are larger. Note that EPC data is not available for all properties in Kidderminster.

18 SPRING GROVE ROAD: Plot and Title Map

18 SPRING GROVE ROAD sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 18 SPRING GROVE 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 18 SPRING GROVE 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 18 SPRING GROVE ROAD?

18 SPRING GROVE ROAD is located in KIDDERMINSTER, in the DY11 postcode district. The below map shows the position of No. 18 on SPRING GROVE ROAD.