BROOM COTTAGE, WOLVERLEY ROAD, WOLVERLEY, KIDDERMINSTER, DY10 3QA - £440,000

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.

BROOM COTTAGE is a small extended detached house of 94m², built sometime before 1900, which could now be worth an estimated £463,060. It was last sold for £440,000 in December 2021, which was around 22% above the average December 2021 detached price in the Wyre Forest local authority area. The most recent EPC inspection was May 2018, where the current energy rating was E, and the potential energy rating was A.

BROOM COTTAGE Sold Prices

Land registry data shows three sales for BROOM COTTAGE 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 BROOM COTTAGE 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
2021 17 DEC	£440,000	£361,791	22% above HPI
2021 26 FEB	£590,000	£332,511	77% above HPI
2018 19 NOV	£440,000	£307,888	43% above HPI

BROOM COTTAGE 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 BROOM COTTAGE sales between November 2018 and December 2021 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 February 2021 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the December 2021 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might BROOM COTTAGE be worth now?

BROOM COTTAGE might now be worth an estimated £463,060.

This is based on house price inflation of 5.2%, between December 2021 and June 2025, 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 5.2% inflationary increase is applied to the most recent sale price for BROOM COTTAGE of £440,000 on 17th December 2021. For the value to have increased from £440,000 to £463,060 over the four years and six months to June 2025, the following assumptions must hold true:

• The value of BROOM COTTAGE has moved in line with the HPI for detached houses in the Wyre Forest local authority area.
• The December 2021 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of BROOM COTTAGE has not materially changed since December 2021.

How Large is BROOM COTTAGE?

BROOM COTTAGE is 94m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 40% of detached houses houses in Kidderminster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kidderminster, and where BROOM COTTAGE lies on this distribution: 33% of detached houses houses are smaller than BROOM COTTAGE, and 65% of houses are larger. Note that EPC data is not available for all properties in Kidderminster.

BROOM COTTAGE: Plot and Title Map

BROOM COTTAGE sits on a plot of roughly 1.0 acres, or 4,121m². The below map shows the location of BROOM COTTAGE, 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 BROOM COTTAGE). 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 BROOM COTTAGE?

BROOM COTTAGE is located on WOLVERLEY ROAD in WOLVERLEY, in the DY10 postcode district. The below map shows the position of BROOM COTTAGE on WOLVERLEY ROAD.