MILL RIDGE, CHESTER ROAD NORTH, KIDDERMINSTER, DY10 2RX - £300,000

MILL RIDGE is a large extended detached house of 123m², built sometime between 1930 and 1949. It was last sold for £300,000 in September 2021, which was around 11% below the average September 2021 detached price in the Wyre Forest local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

MILL RIDGE Sold Prices

Land registry data shows four sales for MILL RIDGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wyre Forest local authority area for the corresponding sale date. All of the four MILL RIDGE 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
2021 29 SEP	£300,000	£338,316	11% below HPI
2014 1 JUL	£225,000	£237,296	5% below HPI
2007 21 JUN	£205,000	£244,355	16% below HPI
2000 1 SEP	£82,950	£122,264	32% below HPI

MILL RIDGE 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 four MILL RIDGE sales between September 2000 and September 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 July 2014 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2021 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is MILL RIDGE?

MILL RIDGE is 123m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the largest 40% of detached houses in Kidderminster, based on EPC data. The below chart shows the distribution of detached houses by size in Kidderminster, and where MILL RIDGE lies on this distribution: 67% of detached houses are smaller than MILL RIDGE, and 32% of houses are larger. Note that EPC data is not available for all properties in Kidderminster.

MILL RIDGE: Plot and Title Map

MILL RIDGE sits on a plot of roughly 0.198 of an acre, or 801m². The below map shows the location of MILL RIDGE, 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 MILL RIDGE). 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 MILL RIDGE?

MILL RIDGE is located on CHESTER ROAD NORTH in KIDDERMINSTER, in the DY10 postcode district. The below map shows the position of MILL RIDGE on CHESTER ROAD NORTH.