24, THE LEA, KIDDERMINSTER, DY11 6JY - £485,000

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.

24 THE LEA is a very large extended detached house of 192m², built sometime between 1996 and 2002, which could now be worth an estimated £663,448. It was last sold for £485,000 in June 2017, which was around 74% above the average June 2017 detached price in the Wyre Forest local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was C.

24 THE LEA Sold Prices

Land registry data shows four sales for 24 THE LEA 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 24 THE LEA sales were for above 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
2017 30 JUN	£485,000	£278,863	74% above HPI
2007 9 OCT	£369,000	£266,630	38% above HPI
2005 31 AUG	£325,000	£243,069	34% above HPI
1999 25 MAR	£197,500	£103,869	90% above HPI

24 THE LEA 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 24 THE LEA sales between March 1999 and June 2017 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 October 2007 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the June 2017 sale, where it rises to 74% above the HPI. The line then continues to track at 74% above the HPI.

What might 24 THE LEA be worth now?

24 THE LEA might now be worth an estimated £663,448.

This is based on house price inflation of 36.8%, between June 2017 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 36.8% inflationary increase is applied to the most recent sale price for 24 THE LEA of £485,000 on 30th June 2017. For the value to have increased from £485,000 to £663,448 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of 24 THE LEA has moved in line with the HPI for detached houses in the Wyre Forest local authority area.
• The June 2017 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 24 THE LEA has not materially changed since June 2017.

How Large is 24 THE LEA?

24 THE LEA is 192m², which includes two extensions, according to the EPC inspection conducted in March 2017. This puts it in the largest 10% 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 24 THE LEA lies on this distribution: 94% of detached houses houses are smaller than 24 THE LEA, and 6% of houses are larger. Note that EPC data is not available for all properties in Kidderminster.

24 THE LEA: Plot and Title Map

24 THE LEA sits on a plot of roughly 0.128 of an acre, or 519m². The below map shows the location of 24 THE LEA, 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 24 THE LEA). 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 24 THE LEA?

24 THE LEA is located in KIDDERMINSTER, in the DY11 postcode district. The below map shows the position of No. 24 on THE LEA.