5, IBIS CLOSE, KIDDERMINSTER, DY10 4RX - £277,500

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.

5 IBIS CLOSE is a large detached house of 118m², built sometime between 1983 and 1990, which could now be worth an estimated £374,740. It was last sold for £277,500 in July 2017, which was around 2% below the average July 2017 detached price in the Wyre Forest local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was C.

5 IBIS CLOSE Sold Prices

Land registry data shows three sales for 5 IBIS 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 5 IBIS CLOSE sales were for below the average price, whilst one was 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
2017 28 JUL	£277,500	£282,481	2% below HPI
2015 7 AUG	£248,000	£255,536	3% below HPI
1996 23 MAY	£93,000	£87,338	6% above HPI

5 IBIS 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 5 IBIS CLOSE sales between May 1996 and July 2017 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 August 2015 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the July 2017 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 5 IBIS CLOSE be worth now?

5 IBIS CLOSE might now be worth an estimated £374,740.

This is based on house price inflation of 35%, between July 2017 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 35% inflationary increase is applied to the most recent sale price for 5 IBIS CLOSE of £277,500 on 28th July 2017. For the value to have increased from £277,500 to £374,740 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 5 IBIS CLOSE has moved in line with the HPI for detached houses in the Wyre Forest local authority area.
• The July 2017 sale price of £277,500 represented a fair market value for the property.
• The size, condition, and specification of 5 IBIS CLOSE has not materially changed since July 2017.

How Large is 5 IBIS CLOSE?

5 IBIS CLOSE is 118m² according to the EPC inspection conducted in April 2012. This puts it in the largest 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 5 IBIS CLOSE lies on this distribution: 63% of detached houses houses are smaller than 5 IBIS CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Kidderminster.

5 IBIS CLOSE: Plot and Title Map

5 IBIS CLOSE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 5 IBIS 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 5 IBIS 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 5 IBIS CLOSE?

5 IBIS CLOSE is located in KIDDERMINSTER, in the DY10 postcode district. The below map shows the position of No. 5 on IBIS CLOSE.