7, MAGPIE WAY, KIDDERMINSTER, DY10 4HZ - £151,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 MAGPIE WAY is a very small detached house of 52m², built sometime between 1967 and 1975. It was last sold for £151,000 in July 2013, which was around 32% below the average July 2013 detached price in the Wyre Forest local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

7 MAGPIE WAY Sold Prices

Land registry data shows two sales for 7 MAGPIE WAY 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 MAGPIE WAY 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
2013 26 JUL	£151,000	£221,961	32% below HPI
2012 18 JAN	£115,000	£223,464	49% below HPI

7 MAGPIE WAY 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 MAGPIE WAY sales from January 2012 and July 2013 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 January 2012 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the July 2013 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 7 MAGPIE WAY?

7 MAGPIE WAY is 52m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 10% of detached houses in Kidderminster, based on EPC data. The below chart shows the distribution of detached houses by size in Kidderminster, and where 7 MAGPIE WAY lies on this distribution: Less than 1% of detached houses are smaller than 7 MAGPIE WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Kidderminster.

7 MAGPIE WAY: Plot and Title Map

7 MAGPIE WAY sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 7 MAGPIE WAY, 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 MAGPIE WAY). 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 MAGPIE WAY?

7 MAGPIE WAY is located in KIDDERMINSTER, in the DY10 postcode district. The below map shows the position of No. 7 on MAGPIE WAY.