HIGHBANK, CLEOBURY ROAD, BEWDLEY, DY12 2PG - £550,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

HIGHBANK is a very large extended detached house of 169m², built sometime before 1900. It was last sold for £550,000 in July 2014, which was around 132% above the average July 2014 detached price in the Wyre Forest local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

HIGHBANK Sold Prices

Land registry data shows three sales for HIGHBANK 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 HIGHBANK 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
2014 31 JUL	£550,000	£237,296	132% above HPI
2000 23 AUG	£272,500	£122,687	122% above HPI
1996 14 AUG	£130,000	£84,919	53% above HPI

HIGHBANK 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 HIGHBANK sales between August 1996 and July 2014 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 2000 sale was for 122% above the HPI. So the extrapolation line tracks at 122% above the HPI over time, until the July 2014 sale, where it rises to 132% above the HPI. The line then continues to track at 132% above the HPI.

How Large is HIGHBANK?

HIGHBANK is 169m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the largest 20% of detached houses in Bewdley, based on EPC data. The below chart shows the distribution of detached houses by size in Bewdley, and where HIGHBANK lies on this distribution: 86% of detached houses are smaller than HIGHBANK, and 14% of houses are larger. Note that EPC data is not available for all properties in Bewdley.

HIGHBANK: Plot and Title Map

HIGHBANK sits on a plot of roughly 0.433 of an acre, or 1,752m². The below map shows the location of HIGHBANK, 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 HIGHBANK). 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 HIGHBANK?

HIGHBANK is located on CLEOBURY ROAD in BEWDLEY, in the DY12 postcode district. The below map shows the position of HIGHBANK on CLEOBURY ROAD.