PARKGATE COTTAGE, PARKGATE ROAD, WOLVERLEY, KIDDERMINSTER, DY10 3PU - £580,000

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

PARKGATE COTTAGE is a very large extended detached house of 246m², built sometime before 1900. It was last sold for £580,000 in June 2011, which was around 162% above the average June 2011 detached price in the Wyre Forest local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was D.

PARKGATE COTTAGE Sold Prices

Land registry data shows two sales for PARKGATE COTTAGE 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 PARKGATE COTTAGE 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
2011 1 JUN	£580,000	£221,130	162% above HPI
2007 22 OCT	£407,500	£260,533	56% above HPI

PARKGATE COTTAGE 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 PARKGATE COTTAGE sales from October 2007 and June 2011 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 October 2007 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the June 2011 sale, where it rises to 162% above the HPI. The line then continues to track at 162% above the HPI.

How Large is PARKGATE COTTAGE?

PARKGATE COTTAGE is 246m², which includes two extensions, according to the EPC inspection conducted in January 2011. This puts it in the largest 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 PARKGATE COTTAGE lies on this distribution: 99% of detached houses are smaller than PARKGATE COTTAGE, and 1% of houses are larger. Note that EPC data is not available for all properties in Kidderminster.

PARKGATE COTTAGE: Plot and Title Map

PARKGATE COTTAGE sits on a plot of roughly 0.367 of an acre, or 1,483m². The below map shows the location of PARKGATE COTTAGE, 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 PARKGATE COTTAGE). 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 PARKGATE COTTAGE?

PARKGATE COTTAGE is located on PARKGATE ROAD in WOLVERLEY, in the DY10 postcode district. The below map shows the position of PARKGATE COTTAGE on PARKGATE ROAD.