REDSTONE, BARNETTS LANE, KIDDERMINSTER, DY10 3HJ - £345,000

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

REDSTONE is a very large extended detached house of 153m², built sometime between 1930 and 1949. It was last sold for £345,000 in August 2012, which was around 54% above the average August 2012 detached price in the Wyre Forest local authority area. The most recent EPC inspection was April 2011, where the current energy rating was E, and the potential energy rating was E.

REDSTONE Sold Prices

Land registry data shows two sales for REDSTONE 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 REDSTONE 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
2012 22 AUG	£345,000	£224,310	54% above HPI
1996 5 FEB	£150,000	£84,412	78% above HPI

REDSTONE 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 REDSTONE sales from February 1996 and August 2012 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 February 1996 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the August 2012 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is REDSTONE?

REDSTONE is 153m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the largest 20% of detached houses in Kidderminster, based on EPC data. The below chart shows the distribution of detached houses by size in Kidderminster, and where REDSTONE lies on this distribution: 85% of detached houses are smaller than REDSTONE, and 15% of houses are larger. Note that EPC data is not available for all properties in Kidderminster.

REDSTONE: Plot and Title Map

REDSTONE sits on a plot of roughly 0.278 of an acre, or 1,123m². The below map shows the location of REDSTONE, 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 REDSTONE). 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 REDSTONE?

REDSTONE is located on BARNETTS LANE in KIDDERMINSTER, in the DY10 postcode district. The below map shows the position of REDSTONE on BARNETTS LANE.