8, ELM DRIVE, BLAKEDOWN, KIDDERMINSTER, DY10 3NF - £475,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 ELM DRIVE is a midsized detached house of 150m², built sometime between 1967 and 1975, which could now be worth an estimated £600,329. It was last sold for £475,000 in July 2020, which was around 54% above the average July 2020 detached price in the Wyre Forest local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

8 ELM DRIVE Sold Prices

Land registry data shows two sales for 8 ELM DRIVE 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 8 ELM DRIVE 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
2020 27 JUL	£475,000	£309,330	54% above HPI
1999 4 JUN	£195,000	£106,809	83% above HPI

8 ELM DRIVE 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 8 ELM DRIVE sales from June 1999 and July 2020 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 1999 sale was for 83% above the HPI. So the extrapolation line tracks at 83% above the HPI over time, until the July 2020 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might 8 ELM DRIVE be worth now?

8 ELM DRIVE might now be worth an estimated £600,329.

This is based on house price inflation of 26.4%, between July 2020 and December 2024, 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 26.4% inflationary increase is applied to the most recent sale price for 8 ELM DRIVE of £475,000 on 27th July 2020. For the value to have increased from £475,000 to £600,329 over the three years and seven months to December 2024, the following assumptions must hold true:

• The value of 8 ELM DRIVE has moved in line with the HPI for detached houses in the Wyre Forest local authority area.
• The July 2020 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ELM DRIVE has not materially changed since July 2020.

How Large is 8 ELM DRIVE?

8 ELM DRIVE is 150m² according to the EPC inspection conducted in February 2020. This puts it in the largest 50% of detached houses houses in Blakedown, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blakedown, and where 8 ELM DRIVE lies on this distribution: 51% of detached houses houses are smaller than 8 ELM DRIVE, and 47% of houses are larger. Note that EPC data is not available for all properties in Blakedown.

8 ELM DRIVE: Plot and Title Map

8 ELM DRIVE sits on a plot of roughly 0.175 of an acre, or 710m². The below map shows the location of 8 ELM DRIVE, 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 ELM DRIVE). 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 ELM DRIVE?

8 ELM DRIVE is located in BLAKEDOWN, in the DY10 postcode district. The below map shows the position of No. 8 on ELM DRIVE.