THE GABLES, MERRICKS LANE, BEWDLEY, DY12 2PE - £725,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE GABLES is a very large detached house of 163m², built sometime between 1991 and 1995. It was last sold for £725,000 in October 2022, which was around 87% above the average October 2022 detached price in the Wyre Forest local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

THE GABLES Sold Prices

Land registry data shows two sales for THE GABLES 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 THE GABLES 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
2022 21 OCT	£725,000	£387,190	87% above HPI
2006 18 MAY	£245,000	£233,242	5% above HPI

THE GABLES 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 THE GABLES sales from May 2006 and October 2022 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 May 2006 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the October 2022 sale, where it rises to 87% above the HPI. The line then continues to track at 87% above the HPI.

How Large is THE GABLES?

THE GABLES is 163m² according to the EPC inspection conducted in May 2022. 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 THE GABLES lies on this distribution: 84% of detached houses are smaller than THE GABLES, and 16% of houses are larger. Note that EPC data is not available for all properties in Bewdley.

THE GABLES: Plot and Title Map

THE GABLES sits on a plot of roughly 0.354 of an acre, or 1,434m². The below map shows the location of THE GABLES, 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 THE GABLES). 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 THE GABLES?

THE GABLES is located on MERRICKS LANE in BEWDLEY, in the DY12 postcode district. The below map shows the position of THE GABLES on MERRICKS LANE.