34, LAX LANE, BEWDLEY, DY12 2DZ - £250,000

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.

34 LAX LANE is a very small terraced house of 76m², built sometime before 1900, which could now be worth an estimated £318,439. It was last sold for £250,000 in February 2020, which was around 67% above the average February 2020 terraced price in the Wyre Forest local authority area. The most recent EPC inspection was November 2018, where the current energy rating was E, and the potential energy rating was B.

34 LAX LANE Sold Prices

Land registry data shows two sales for 34 LAX LANE 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 34 LAX LANE 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
2020 3 FEB	£250,000	£149,943	67% above HPI
2019 12 APR	£195,000	£143,161	36% above HPI

34 LAX LANE 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 34 LAX LANE sales from April 2019 and February 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 April 2019 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the February 2020 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

What might 34 LAX LANE be worth now?

34 LAX LANE might now be worth an estimated £318,439.

This is based on house price inflation of 27.4%, between February 2020 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 27.4% inflationary increase is applied to the most recent sale price for 34 LAX LANE of £250,000 on 3rd February 2020. For the value to have increased from £250,000 to £318,439 over the four years and four months to October 2025, the following assumptions must hold true:

• The value of 34 LAX LANE has moved in line with the HPI for terraced houses in the Wyre Forest local authority area.
• The February 2020 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 34 LAX LANE has not materially changed since February 2020.

How Large is 34 LAX LANE?

34 LAX LANE is 76m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 20% 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 34 LAX LANE lies on this distribution: 18% of terraced houses houses are smaller than 34 LAX LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in Bewdley.

34 LAX LANE: Plot and Title Map

34 LAX LANE sits on a plot of roughly 0.011 of an acre, or 45m². The below map shows the location of 34 LAX 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 34 LAX 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 34 LAX LANE?

34 LAX LANE is located in BEWDLEY, in the DY12 postcode district. The below map shows the position of No. 34 on LAX LANE.