2A, THE LEA, KIDDERMINSTER, DY11 6JY - £355,000

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.

2A THE LEA is a very large detached house of 162m², built sometime between 1983 and 1990, which could now be worth an estimated £510,125. It was last sold for £355,000 in June 2016, which was around 34% above the average June 2016 detached price in the Wyre Forest local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was C.

2A THE LEA Sold Prices

Land registry data shows two sales for 2A THE LEA 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 2A 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
2016 3 JUN	£355,000	£265,465	34% above HPI
2005 22 NOV	£248,000	£233,725	6% above HPI

2A 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 two 2A THE LEA sales from November 2005 and June 2016 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 November 2005 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the June 2016 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 2A THE LEA be worth now?

2A THE LEA might now be worth an estimated £510,125.

This is based on house price inflation of 43.7%, between June 2016 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 43.7% inflationary increase is applied to the most recent sale price for 2A THE LEA of £355,000 on 3rd June 2016. For the value to have increased from £355,000 to £510,125 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of 2A THE LEA has moved in line with the HPI for detached houses in the Wyre Forest local authority area.
• The June 2016 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 2A THE LEA has not materially changed since June 2016.

How Large is 2A THE LEA?

2A THE LEA is 162m² according to the EPC inspection conducted in November 2010. This puts it in the largest 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 2A THE LEA lies on this distribution: 88% of detached houses houses are smaller than 2A THE LEA, and 11% of houses are larger. Note that EPC data is not available for all properties in Kidderminster.

2A THE LEA: Plot and Title Map

2A THE LEA sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 2A 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 2A 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 2A THE LEA?

2A THE LEA is located in KIDDERMINSTER, in the DY11 postcode district. The below map shows the position of No. 2A on THE LEA.