14, FRANCHISE STREET, KIDDERMINSTER, DY11 6RA - £160,000

14 FRANCHISE STREET is a very small extended detached house of 79m², built sometime before 1900. It was last sold for £160,000 in January 2015, which was around 34% below the average January 2015 detached price in the Wyre Forest local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

14 FRANCHISE STREET Sold Prices

Land registry data shows four sales for 14 FRANCHISE STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wyre Forest local authority area for the corresponding sale date. All of the four 14 FRANCHISE STREET 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
2015 16 JAN	£160,000	£241,741	34% below HPI
2014 22 DEC	£160,000	£239,794	33% below HPI
2007 9 NOV	£175,000	£257,344	32% below HPI
2002 14 AUG	£100,000	£162,661	39% below HPI

14 FRANCHISE STREET 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 four 14 FRANCHISE STREET sales between August 2002 and January 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 2014 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2015 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 14 FRANCHISE STREET?

14 FRANCHISE STREET is 79m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the smallest 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 14 FRANCHISE STREET lies on this distribution: 15% of detached houses are smaller than 14 FRANCHISE STREET, and 84% of houses are larger. Note that EPC data is not available for all properties in Kidderminster.

14 FRANCHISE STREET: Plot and Title Map

14 FRANCHISE STREET sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 14 FRANCHISE STREET, 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 14 FRANCHISE STREET). 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 14 FRANCHISE STREET?

14 FRANCHISE STREET is located in KIDDERMINSTER, in the DY11 postcode district. The below map shows the position of No. 14 on FRANCHISE STREET.