8, CLARENCE WAY, BEWDLEY, DY12 1QE - £480,000

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

8 CLARENCE WAY is a large extended detached house of 136m², built sometime between 1967 and 1975. It was last sold for £480,000 in February 2023, which was around 29% above the average February 2023 detached price in the Wyre Forest local authority area. The most recent EPC inspection was September 2017, where the current energy rating was E, and the potential energy rating was C.

8 CLARENCE WAY Sold Prices

Land registry data shows three sales for 8 CLARENCE WAY 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 8 CLARENCE WAY sales were 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
2023 6 FEB	£480,000	£373,527	29% above HPI
2018 26 JUN	£380,000	£288,962	32% above HPI
2002 18 SEP	£237,000	£173,239	37% above HPI

8 CLARENCE 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 three 8 CLARENCE WAY sales between September 2002 and February 2023 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 June 2018 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the February 2023 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 8 CLARENCE WAY?

8 CLARENCE WAY is 136m², which includes two extensions, according to the EPC inspection conducted in September 2017. This puts it in the largest 30% of detached houses in Bewdley, based on EPC data. The below chart shows the distribution of detached houses by size in Bewdley, and where 8 CLARENCE WAY lies on this distribution: 72% of detached houses are smaller than 8 CLARENCE WAY, and 28% of houses are larger. Note that EPC data is not available for all properties in Bewdley.

8 CLARENCE WAY: Plot and Title Map

8 CLARENCE WAY sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 8 CLARENCE 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 8 CLARENCE 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 8 CLARENCE WAY?

8 CLARENCE WAY is located in BEWDLEY, in the DY12 postcode district. The below map shows the position of No. 8 on CLARENCE WAY.