NETHERLEA, NORTHWOOD LANE, BEWDLEY, DY12 1AW - £575,000

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

NETHERLEA is a large detached house of 138m², built sometime between 1900 and 1929. It was last sold for £575,000 in February 2021, which was around 77% above the average February 2021 detached price in the Wyre Forest local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was C.

NETHERLEA Sold Prices

Land registry data shows two sales for NETHERLEA 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 NETHERLEA 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
2021 25 FEB	£575,000	£324,907	77% above HPI
2015 20 MAR	£390,000	£239,721	63% above HPI

NETHERLEA 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 NETHERLEA sales from March 2015 and February 2021 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 March 2015 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the February 2021 sale, where it rises to 77% above the HPI. The line then continues to track at 77% above the HPI.

How Large is NETHERLEA?

NETHERLEA is 138m² according to the EPC inspection conducted in July 2020. 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 NETHERLEA lies on this distribution: 73% of detached houses are smaller than NETHERLEA, and 26% of houses are larger. Note that EPC data is not available for all properties in Bewdley.

NETHERLEA: Plot and Title Map

NETHERLEA sits on a plot of roughly 1.1 acres, or 4,402m². The below map shows the location of NETHERLEA, 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 NETHERLEA). 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 NETHERLEA?

NETHERLEA is located on NORTHWOOD LANE in BEWDLEY, in the DY12 postcode district. The below map shows the position of NETHERLEA on NORTHWOOD LANE.