7, ERICA CLOSE, KIDDERMINSTER, DY11 5HU - £157,000

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.

7 ERICA CLOSE is a small extended detached house of 88m², built sometime between 1967 and 1975, which could now be worth an estimated £271,231. It was last sold for £157,000 in September 2009, which was around 29% below the average September 2009 detached price in the Wyre Forest local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

7 ERICA CLOSE Sold Prices

Land registry data shows two sales for 7 ERICA CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wyre Forest local authority area for the corresponding sale date. Both of the two 7 ERICA 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
2009 28 SEP	£157,000	£222,259	29% below HPI
2004 20 FEB	£125,000	£207,618	40% below HPI

7 ERICA 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 two 7 ERICA CLOSE sales from February 2004 and September 2009 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 February 2004 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the September 2009 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 7 ERICA CLOSE be worth now?

7 ERICA CLOSE might now be worth an estimated £271,231.

This is based on house price inflation of 72.8%, between September 2009 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 72.8% inflationary increase is applied to the most recent sale price for 7 ERICA CLOSE of £157,000 on 28th September 2009. For the value to have increased from £157,000 to £271,231 over the sixteen years and six months to March 2025, the following assumptions must hold true:

• The value of 7 ERICA CLOSE has moved in line with the HPI for detached houses in the Wyre Forest local authority area.
• The September 2009 sale price of £157,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ERICA CLOSE has not materially changed since September 2009.

How Large is 7 ERICA CLOSE?

7 ERICA CLOSE is 88m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the smallest 30% 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 7 ERICA CLOSE lies on this distribution: 25% of detached houses houses are smaller than 7 ERICA CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Kidderminster.

7 ERICA CLOSE: Plot and Title Map

7 ERICA CLOSE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 7 ERICA 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 7 ERICA 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 7 ERICA CLOSE?

7 ERICA CLOSE is located in KIDDERMINSTER, in the DY11 postcode district. The below map shows the position of No. 7 on ERICA CLOSE.