THE LEA BUNGALOW, THE LEA CAUSEWAY, KIDDERMINSTER, DY11 6PB - £230,000

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

THE LEA BUNGALOW is a very small detached house of 56m², built sometime between 1996 and 2002. It was last sold for £230,000 in October 2021, which was around 33% below the average October 2021 detached price in the Wyre Forest local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

THE LEA BUNGALOW Sold Prices

Land registry data shows two sales for THE LEA BUNGALOW 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 LEA BUNGALOW sales were for below 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 8 OCT	£230,000	£342,852	33% below HPI
2002 30 JUL	£130,000	£157,778	18% below HPI

THE LEA BUNGALOW 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 LEA BUNGALOW sales from July 2002 and October 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 July 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2021 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is THE LEA BUNGALOW?

THE LEA BUNGALOW is 56m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 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 THE LEA BUNGALOW lies on this distribution: 1% of detached houses are smaller than THE LEA BUNGALOW, and 98% of houses are larger. Note that EPC data is not available for all properties in Kidderminster.

THE LEA BUNGALOW: Plot and Title Map

THE LEA BUNGALOW sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of THE LEA BUNGALOW, 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 LEA BUNGALOW). 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 LEA BUNGALOW?

THE LEA BUNGALOW is located on THE LEA CAUSEWAY in KIDDERMINSTER, in the DY11 postcode district. The below map shows the position of THE LEA BUNGALOW on THE LEA CAUSEWAY.