3, RUSSETT WAY, BEWDLEY, DY12 2PY - £230,000

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

3 RUSSETT WAY is a small detached house of 82m², built sometime between 1967 and 1975. It was last sold for £230,000 in May 2019, which was around 22% below the average May 2019 detached price in the Wyre Forest local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

3 RUSSETT WAY Sold Prices

Land registry data shows four sales for 3 RUSSETT WAY 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 3 RUSSETT WAY 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
2019 17 MAY	£230,000	£294,611	22% below HPI
2018 27 JUL	£220,000	£291,486	25% below HPI
2014 1 OCT	£192,500	£235,210	18% below HPI
2010 18 NOV	£105,000	£225,181	53% below HPI

3 RUSSETT WAY 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 3 RUSSETT WAY sales between November 2010 and May 2019 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 2018 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2019 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 3 RUSSETT WAY?

3 RUSSETT WAY is 82m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 30% of detached houses in Bewdley, based on EPC data. The below chart shows the distribution of detached houses by size in Bewdley, and where 3 RUSSETT WAY lies on this distribution: 24% of detached houses are smaller than 3 RUSSETT WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Bewdley.

3 RUSSETT WAY: Plot and Title Map

3 RUSSETT WAY sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 3 RUSSETT WAY, 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 RUSSETT WAY). 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 RUSSETT WAY?

3 RUSSETT WAY is located in BEWDLEY, in the DY12 postcode district. The below map shows the position of No. 3 on RUSSETT WAY.