3, MILL LANE, HOOBROOK, KIDDERMINSTER, DY10 1XP - £270,000

3 MILL LANE is a large extended detached house of 125m², built sometime from 2007 onwards. It was last sold for £270,000 in January 2020, which was around 13% below the average January 2020 detached price in the Wyre Forest local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

3 MILL LANE Sold Prices

Land registry data shows three sales for 3 MILL LANE 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 3 MILL LANE 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
2020 24 JAN	£270,000	£310,276	13% below HPI
2012 20 SEP	£185,000	£224,810	18% below HPI
2009 3 APR	£200,000	£207,853	4% below HPI

3 MILL LANE 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 3 MILL LANE sales between April 2009 and January 2020 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 September 2012 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the January 2020 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 3 MILL LANE?

3 MILL LANE is 125m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the largest 40% of detached houses in Kidderminster, based on EPC data. The below chart shows the distribution of detached houses by size in Kidderminster, and where 3 MILL LANE lies on this distribution: 69% of detached houses are smaller than 3 MILL LANE, and 30% of houses are larger. Note that EPC data is not available for all properties in Kidderminster.

3 MILL LANE: Plot and Title Map

3 MILL LANE sits on a plot of roughly 0.084 of an acre, or 342m². The below map shows the location of 3 MILL LANE, 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 3 MILL LANE). 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 3 MILL LANE?

3 MILL LANE is located in HOOBROOK, in the DY10 postcode district. The below map shows the position of No. 3 on MILL LANE.