3, NEW WOOD LANE, BLAKEDOWN, KIDDERMINSTER, DY10 3LD - £1,625,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 NEW WOOD LANE is a very large extended detached house of 529m², built sometime between 1967 and 1975, which could now be worth an estimated £2,601,766. It was last sold for £1,625,000 in October 2008, which was around 566% above the average October 2008 detached price in the Wyre Forest local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was C.

3 NEW WOOD LANE Sold Prices

Land registry data shows two sales for 3 NEW WOOD 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 3 NEW WOOD 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
2008 24 OCT	£1,625,000	£244,176	566% above HPI
2005 26 JUL	£1,267,000	£244,694	418% above HPI

3 NEW WOOD 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 3 NEW WOOD LANE sales from July 2005 and October 2008 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 July 2005 sale was for 418% above the HPI. So the extrapolation line tracks at 418% above the HPI over time, until the October 2008 sale, where it rises to 566% above the HPI. The line then continues to track at 566% above the HPI.

What might 3 NEW WOOD LANE be worth now?

3 NEW WOOD LANE might now be worth an estimated £2,601,766.

This is based on house price inflation of 60.1%, between October 2008 and December 2024, 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 60.1% inflationary increase is applied to the most recent sale price for 3 NEW WOOD LANE of £1,625,000 on 24th October 2008. For the value to have increased from £1,625,000 to £2,601,766 over the fifteen years and ten months to December 2024, the following assumptions must hold true:

• The value of 3 NEW WOOD LANE has moved in line with the HPI for detached houses in the Wyre Forest local authority area.
• The October 2008 sale price of £1,625,000 represented a fair market value for the property.
• The size, condition, and specification of 3 NEW WOOD LANE has not materially changed since October 2008.

How Large is 3 NEW WOOD LANE?

3 NEW WOOD LANE is 529m², which includes three extensions, according to the EPC inspection conducted in December 2020. This puts it in the largest 10% of detached houses houses in Blakedown, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blakedown, and where 3 NEW WOOD LANE lies on this distribution: 99% of detached houses houses are smaller than 3 NEW WOOD LANE, and 1% of houses are larger. Note that EPC data is not available for all properties in Blakedown.

3 NEW WOOD LANE: Plot and Title Map

3 NEW WOOD LANE sits on a plot of roughly 2.4 acres, or 9,624m². The below map shows the location of 3 NEW WOOD 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 3 NEW WOOD 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 3 NEW WOOD LANE?

3 NEW WOOD LANE is located in BLAKEDOWN, in the DY10 postcode district. The below map shows the position of No. 3 on NEW WOOD LANE.