31, THE LAKES ROAD, BEWDLEY, DY12 2QB - £171,000

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.

31 THE LAKES ROAD is a very small terraced house of 56m², built sometime between 1967 and 1975, which could now be worth an estimated £276,670. It was last sold for £171,000 in December 2014, which was around 45% above the average December 2014 terraced price in the Wyre Forest local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was B.

31 THE LAKES ROAD Sold Prices

Land registry data shows two sales for 31 THE LAKES ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Wyre Forest local authority area for the corresponding sale date. Both of the two 31 THE LAKES ROAD 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
2014 5 DEC	£171,000	£118,045	45% above HPI
2007 12 OCT	£157,500	£133,236	18% above HPI

31 THE LAKES ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Wyre Forest local authority area over time, sourced from the HPI. The two 31 THE LAKES ROAD sales from October 2007 and December 2014 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 October 2007 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the December 2014 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might 31 THE LAKES ROAD be worth now?

31 THE LAKES ROAD might now be worth an estimated £276,670.

This is based on house price inflation of 61.8%, between December 2014 and October 2025, for terraced 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 61.8% inflationary increase is applied to the most recent sale price for 31 THE LAKES ROAD of £171,000 on 5th December 2014. For the value to have increased from £171,000 to £276,670 over the eleven years and two months to October 2025, the following assumptions must hold true:

• The value of 31 THE LAKES ROAD has moved in line with the HPI for terraced houses in the Wyre Forest local authority area.
• The December 2014 sale price of £171,000 represented a fair market value for the property.
• The size, condition, and specification of 31 THE LAKES ROAD has not materially changed since December 2014.

How Large is 31 THE LAKES ROAD?

31 THE LAKES ROAD is 56m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% of terraced houses houses in Bewdley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bewdley, and where 31 THE LAKES ROAD lies on this distribution: 2% of terraced houses houses are smaller than 31 THE LAKES ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Bewdley.

31 THE LAKES ROAD: Plot and Title Map

31 THE LAKES ROAD sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 31 THE LAKES ROAD, 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 31 THE LAKES ROAD). 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 31 THE LAKES ROAD?

31 THE LAKES ROAD is located in BEWDLEY, in the DY12 postcode district. The below map shows the position of No. 31 on THE LAKES ROAD.