Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 DRAYCOTE CLOSE is a midsized extended detached house of 108m², built sometime between 1991 and 1995. It was last sold for £325,000 in June 2024, which was around 24% below the average June 2024 detached price in the Worcester local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 1 DRAYCOTE CLOSE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Worcester local authority area for the corresponding sale date. One of the two 1 DRAYCOTE CLOSE sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2024 28 JUN | £325,000 | £427,271 | 24% below HPI |
1999 29 JAN | £107,000 | £101,427 | 5% above HPI |
The below graph shows the average detached house price in the Worcester local authority area over time, sourced from the HPI. The two 1 DRAYCOTE CLOSE sales from January 1999 and June 2024 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 January 1999 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the June 2024 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.
1 DRAYCOTE CLOSE is 108m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the smallest 50% of detached houses in Worcester, based on EPC data. The below chart shows the distribution of detached houses by size in Worcester, and where 1 DRAYCOTE CLOSE lies on this distribution: 44% of detached houses are smaller than 1 DRAYCOTE CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Worcester.
1 DRAYCOTE CLOSE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 1 DRAYCOTE 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 1 DRAYCOTE 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.
1 DRAYCOTE CLOSE is located in WORCESTER, in the WR5 postcode district. The below map shows the position of No. 1 on DRAYCOTE CLOSE.