393, STOURBRIDGE ROAD, KIDDERMINSTER, DY10 2PP - £93,500

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.

393 STOURBRIDGE ROAD is a very small terraced house of 64m², built sometime between 1967 and 1975, which could now be worth an estimated £120,009. It was last sold for £93,500 in October 2019, which was around 35% below the average October 2019 terraced price in the Wyre Forest local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

393 STOURBRIDGE ROAD Sold Prices

Land registry data shows two sales for 393 STOURBRIDGE 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 393 STOURBRIDGE ROAD 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
2019 18 OCT	£93,500	£142,868	35% below HPI
2014 20 JUN	£85,000	£116,173	27% below HPI

393 STOURBRIDGE 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 393 STOURBRIDGE ROAD sales from June 2014 and October 2019 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 June 2014 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2019 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 393 STOURBRIDGE ROAD be worth now?

393 STOURBRIDGE ROAD might now be worth an estimated £120,009.

This is based on house price inflation of 28.4%, between October 2019 and June 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 28.4% inflationary increase is applied to the most recent sale price for 393 STOURBRIDGE ROAD of £93,500 on 18th October 2019. For the value to have increased from £93,500 to £120,009 over the six years and four months to June 2025, the following assumptions must hold true:

• The value of 393 STOURBRIDGE ROAD has moved in line with the HPI for terraced houses in the Wyre Forest local authority area.
• The October 2019 sale price of £93,500 represented a fair market value for the property.
• The size, condition, and specification of 393 STOURBRIDGE ROAD has not materially changed since October 2019.

How Large is 393 STOURBRIDGE ROAD?

393 STOURBRIDGE ROAD is 64m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% of terraced houses houses in Kidderminster, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Kidderminster, and where 393 STOURBRIDGE ROAD lies on this distribution: 5% of terraced houses houses are smaller than 393 STOURBRIDGE ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Kidderminster.

393 STOURBRIDGE ROAD: Plot and Title Map

393 STOURBRIDGE ROAD sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 393 STOURBRIDGE 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 393 STOURBRIDGE 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 393 STOURBRIDGE ROAD?

393 STOURBRIDGE ROAD is located in KIDDERMINSTER, in the DY10 postcode district. The below map shows the position of No. 393 on STOURBRIDGE ROAD.