12, THE LEA, KIDDERMINSTER, DY11 6JY - £375,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 THE LEA is a very large detached house of 186m², built sometime between 1996 and 2002, which could now be worth an estimated £568,635. It was last sold for £375,000 in July 2015, which was around 49% above the average July 2015 detached price in the Wyre Forest local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.

12 THE LEA Sold Prices

Land registry data shows three sales for 12 THE LEA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wyre Forest local authority area for the corresponding sale date. All of the three 12 THE LEA 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
2015 8 JUL	£375,000	£251,096	49% above HPI
2003 19 DEC	£330,000	£208,980	58% above HPI
1998 24 MAR	£175,000	£101,161	73% above HPI

12 THE LEA 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 three 12 THE LEA sales between March 1998 and July 2015 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 December 2003 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the July 2015 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 12 THE LEA be worth now?

12 THE LEA might now be worth an estimated £568,635.

This is based on house price inflation of 51.6%, between July 2015 and June 2025, for detached houses, in the Wyre Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 51.6% inflationary increase is applied to the most recent sale price for 12 THE LEA of £375,000 on 8th July 2015. For the value to have increased from £375,000 to £568,635 over the ten years and one month to June 2025, the following assumptions must hold true:

• The value of 12 THE LEA has moved in line with the HPI for detached houses in the Wyre Forest local authority area.
• The July 2015 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 12 THE LEA has not materially changed since July 2015.

How Large is 12 THE LEA?

12 THE LEA is 186m² according to the EPC inspection conducted in June 2010. This puts it in the largest 10% of detached houses houses in Kidderminster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kidderminster, and where 12 THE LEA lies on this distribution: 94% of detached houses houses are smaller than 12 THE LEA, and 6% of houses are larger. Note that EPC data is not available for all properties in Kidderminster.

12 THE LEA: Plot and Title Map

12 THE LEA sits on a plot of roughly 0.123 of an acre, or 496m². The below map shows the location of 12 THE LEA, 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 12 THE LEA). 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 12 THE LEA?

12 THE LEA is located in KIDDERMINSTER, in the DY11 postcode district. The below map shows the position of No. 12 on THE LEA.