4, ELAN CLOSE, BEWDLEY, DY12 2PR - £169,950

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.

4 ELAN CLOSE is a very small extended detached house of 59m², built sometime between 1950 and 1966, which could now be worth an estimated £262,884. It was last sold for £169,950 in June 2015, which was around 32% below the average June 2015 detached price in the Wyre Forest local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was B.

4 ELAN CLOSE Sold Prices

Land registry data shows three sales for 4 ELAN CLOSE 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 4 ELAN CLOSE 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 30 JUN	£169,950	£248,315	32% below HPI
2000 1 MAR	£77,000	£117,553	34% below HPI
1996 18 OCT	£54,050	£91,375	41% below HPI

4 ELAN CLOSE 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 4 ELAN CLOSE sales between October 1996 and June 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 March 2000 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2015 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 4 ELAN CLOSE be worth now?

4 ELAN CLOSE might now be worth an estimated £262,884.

This is based on house price inflation of 54.7%, between June 2015 and April 2026, for detached 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 54.7% inflationary increase is applied to the most recent sale price for 4 ELAN CLOSE of £169,950 on 30th June 2015. For the value to have increased from £169,950 to £262,884 over the eleven years and two months to April 2026, the following assumptions must hold true:

• The value of 4 ELAN CLOSE has moved in line with the HPI for detached houses in the Wyre Forest local authority area.
• The June 2015 sale price of £169,950 represented a fair market value for the property.
• The size, condition, and specification of 4 ELAN CLOSE has not materially changed since June 2015.

How Large is 4 ELAN CLOSE?

4 ELAN CLOSE is 59m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% of detached houses houses in Bewdley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bewdley, and where 4 ELAN CLOSE lies on this distribution: 6% of detached houses houses are smaller than 4 ELAN CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Bewdley.

4 ELAN CLOSE: Plot and Title Map

4 ELAN CLOSE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 4 ELAN CLOSE, 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 4 ELAN CLOSE). 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 4 ELAN CLOSE?

4 ELAN CLOSE is located in BEWDLEY, in the DY12 postcode district. The below map shows the position of No. 4 on ELAN CLOSE.