31, PINERIDGE DRIVE, KIDDERMINSTER, DY11 6BQ - £245,000

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.

31 PINERIDGE DRIVE is a small extended detached house of 94m², built sometime between 1967 and 1975, which could now be worth an estimated £339,939. It was last sold for £245,000 in November 2016, which was around 11% below the average November 2016 detached price in the Wyre Forest local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

31 PINERIDGE DRIVE Sold Prices

Land registry data shows three sales for 31 PINERIDGE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wyre Forest local authority area for the corresponding sale date. All of the three 31 PINERIDGE DRIVE 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
2016 18 NOV	£245,000	£276,735	11% below HPI
2007 31 MAY	£211,500	£251,792	16% below HPI
2005 19 SEP	£186,000	£242,609	23% below HPI

31 PINERIDGE DRIVE 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 three 31 PINERIDGE DRIVE sales between September 2005 and November 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 May 2007 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2016 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 31 PINERIDGE DRIVE be worth now?

31 PINERIDGE DRIVE might now be worth an estimated £339,939.

This is based on house price inflation of 38.8%, between November 2016 and March 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 38.8% inflationary increase is applied to the most recent sale price for 31 PINERIDGE DRIVE of £245,000 on 18th November 2016. For the value to have increased from £245,000 to £339,939 over the nine years and eight months to March 2025, the following assumptions must hold true:

• The value of 31 PINERIDGE DRIVE has moved in line with the HPI for detached houses in the Wyre Forest local authority area.
• The November 2016 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 31 PINERIDGE DRIVE has not materially changed since November 2016.

How Large is 31 PINERIDGE DRIVE?

31 PINERIDGE DRIVE is 94m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 40% 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 31 PINERIDGE DRIVE lies on this distribution: 33% of detached houses houses are smaller than 31 PINERIDGE DRIVE, and 65% of houses are larger. Note that EPC data is not available for all properties in Kidderminster.

31 PINERIDGE DRIVE: Plot and Title Map

31 PINERIDGE DRIVE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 31 PINERIDGE DRIVE, 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 31 PINERIDGE DRIVE). 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 31 PINERIDGE DRIVE?

31 PINERIDGE DRIVE is located in KIDDERMINSTER, in the DY11 postcode district. The below map shows the position of No. 31 on PINERIDGE DRIVE.