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
19 THE LAKES ROAD is a very small detached house of 57m², built sometime between 1967 and 1975. It was last sold for £167,500 in October 2013, which was around 27% below the average October 2013 detached price in the Wyre Forest local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 19 THE LAKES ROAD since 1st 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 19 THE LAKES 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 |
---|---|---|---|
2013 3 OCT | £167,500 | £229,009 | 27% below HPI |
2007 21 SEP | £168,000 | £255,914 | 34% below HPI |
2004 9 FEB | £140,000 | £202,870 | 31% below HPI |
2004 30 JAN | £140,000 | £207,663 | 33% below HPI |
The below graph shows the average detached house price in the Wyre Forest local authority area over time, sourced from the HPI. The four 19 THE LAKES ROAD sales between January 2004 and October 2013 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 September 2007 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2013 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.
19 THE LAKES ROAD is 57m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 10% of detached houses in Bewdley, based on EPC data. The below chart shows the distribution of detached houses by size in Bewdley, and where 19 THE LAKES ROAD lies on this distribution: 4% of detached houses are smaller than 19 THE LAKES ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Bewdley.
19 THE LAKES ROAD sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 19 THE LAKES 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 19 THE LAKES 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.
19 THE LAKES ROAD is located in BEWDLEY, in the DY12 postcode district. The below map shows the position of No. 19 on THE LAKES ROAD.