48, SPINNEY CLOSE, KIDDERMINSTER, DY11 6DQ - £709,448

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.

48 SPINNEY CLOSE is a midsized detached house of 109m², built sometime between 1983 and 1990, which could now be worth an estimated £816,095. It was last sold for £709,448 in March 2021, which was around 114% above the average March 2021 detached price in the Wyre Forest local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

48 SPINNEY CLOSE Sold Prices

Land registry data shows three sales for 48 SPINNEY 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. Two of the three 48 SPINNEY CLOSE sales were for above the average price, whilst one was 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
2021 23 MAR	£709,448	£331,616	114% above HPI
2017 5 APR	£320,000	£277,160	15% above HPI
2007 9 FEB	£220,000	£244,309	10% below HPI

48 SPINNEY 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 48 SPINNEY CLOSE sales between February 2007 and March 2021 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 April 2017 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the March 2021 sale, where it rises to 114% above the HPI. The line then continues to track at 114% above the HPI.

What might 48 SPINNEY CLOSE be worth now?

48 SPINNEY CLOSE might now be worth an estimated £816,095.

This is based on house price inflation of 15%, between March 2021 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 15% inflationary increase is applied to the most recent sale price for 48 SPINNEY CLOSE of £709,448 on 23rd March 2021. For the value to have increased from £709,448 to £816,095 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 48 SPINNEY CLOSE has moved in line with the HPI for detached houses in the Wyre Forest local authority area.
• The March 2021 sale price of £709,448 represented a fair market value for the property.
• The size, condition, and specification of 48 SPINNEY CLOSE has not materially changed since March 2021.

How Large is 48 SPINNEY CLOSE?

48 SPINNEY CLOSE is 109m² according to the EPC inspection conducted in May 2016. This puts it in the largest 50% 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 48 SPINNEY CLOSE lies on this distribution: 54% of detached houses houses are smaller than 48 SPINNEY CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Kidderminster.

48 SPINNEY CLOSE: Plot and Title Map

48 SPINNEY CLOSE sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of 48 SPINNEY 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 48 SPINNEY 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 48 SPINNEY CLOSE?

48 SPINNEY CLOSE is located in KIDDERMINSTER, in the DY11 postcode district. The below map shows the position of No. 48 on SPINNEY CLOSE.