4, ELAN CLOSE, BEWDLEY, DY12 2PR - £169,950

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

4 ELAN CLOSE is a very small extended detached house of 59m², built sometime between 1950 and 1966. It was last sold for £169,950 in June 2015, which was around 30% below the average June 2015 detached price in the Wyre Forest local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was B.

4 ELAN CLOSE Sold Prices

Land registry data shows three sales for 4 ELAN CLOSE 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 4 ELAN CLOSE 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
2015 30 JUN	£169,950	£242,636	30% below HPI
2000 1 MAR	£77,000	£114,865	33% below HPI
1996 18 OCT	£54,050	£89,285	39% below HPI

4 ELAN CLOSE 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 4 ELAN CLOSE sales between October 1996 and June 2015 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 March 2000 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2015 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 4 ELAN CLOSE?

4 ELAN CLOSE is 59m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 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 4 ELAN CLOSE lies on this distribution: 5% of detached houses are smaller than 4 ELAN CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Bewdley.

4 ELAN CLOSE: Plot and Title Map

4 ELAN CLOSE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 4 ELAN CLOSE, 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 4 ELAN CLOSE). 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 4 ELAN CLOSE?

4 ELAN CLOSE is located in BEWDLEY, in the DY12 postcode district. The below map shows the position of No. 4 on ELAN CLOSE.