29, PARK LANE, BEWDLEY, DY12 2ER - £600,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

29 PARK LANE is a very large extended detached house of 182m², built sometime between 1967 and 1975. It was last sold for £600,000 in March 2022, which was around 70% above the average March 2022 detached price in the Wyre Forest local authority area. The most recent EPC inspection was November 2021, where the current energy rating was F, and the potential energy rating was C.

29 PARK LANE Sold Prices

Land registry data shows two sales for 29 PARK LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wyre Forest local authority area for the corresponding sale date. Both of the two 29 PARK LANE 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
2022 18 MAR	£600,000	£353,923	70% above HPI
2004 16 AUG	£300,000	£225,999	33% above HPI

29 PARK LANE 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 two 29 PARK LANE sales from August 2004 and March 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 August 2004 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the March 2022 sale, where it rises to 70% above the HPI. The line then continues to track at 70% above the HPI.

How Large is 29 PARK LANE?

29 PARK LANE is 182m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the largest 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 29 PARK LANE lies on this distribution: 90% of detached houses are smaller than 29 PARK LANE, and 10% of houses are larger. Note that EPC data is not available for all properties in Bewdley.

29 PARK LANE: Plot and Title Map

29 PARK LANE sits on a plot of roughly 0.443 of an acre, or 1,794m². The below map shows the location of 29 PARK LANE, 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 29 PARK LANE). 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 29 PARK LANE?

29 PARK LANE is located in BEWDLEY, in the DY12 postcode district. The below map shows the position of No. 29 on PARK LANE.