RED RIDGE, SANDY LANE, KIDDERMINSTER, DY11 5QZ - £350,000

RED RIDGE is a midsized detached house of 102m², built sometime between 1996 and 2002. It was last sold for £350,000 in January 2017, which was around 33% above the average January 2017 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.

RED RIDGE Sold Prices

Land registry data shows two sales for RED RIDGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wyre Forest local authority area for the corresponding sale date. Both of the two RED RIDGE 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
2017 5 JAN	£350,000	£264,067	33% above HPI
2002 21 JUN	£200,000	£150,463	33% above HPI

RED 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 two RED RIDGE sales from June 2002 and January 2017 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 2002 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the January 2017 sale, which was also at 33% above the HPI.

How Large is RED RIDGE?

RED RIDGE is 102m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 50% of detached houses in Kidderminster, based on EPC data. The below chart shows the distribution of detached houses by size in Kidderminster, and where RED RIDGE lies on this distribution: 44% of detached houses are smaller than RED RIDGE, and 55% of houses are larger. Note that EPC data is not available for all properties in Kidderminster.

RED RIDGE: Plot and Title Map

RED RIDGE sits on a plot of roughly 0.491 of an acre, or 1,986m². The below map shows the location of RED 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 RED 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 RED RIDGE?

RED RIDGE is located on SANDY LANE in KIDDERMINSTER, in the DY11 postcode district. The below map shows the position of RED RIDGE on SANDY LANE.