1, ESSEX DRIVE, FERNHILL HEATH, WORCESTER, WR3 7UU - £650,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 ESSEX DRIVE is a very large extended detached house of 286m², built sometime between 1996 and 2002. It was last sold for £650,000 in March 2021, which was around 56% above the average March 2021 detached price in the Wychavon local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was C.

1 ESSEX DRIVE Sold Prices

Land registry data shows three sales for 1 ESSEX DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wychavon local authority area for the corresponding sale date. All of the three 1 ESSEX DRIVE 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 26 MAR	£650,000	£416,583	56% above HPI
2008 15 FEB	£697,500	£323,089	116% above HPI
2002 26 SEP	£500,000	£214,999	133% above HPI

1 ESSEX DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wychavon local authority area over time, sourced from the HPI. The three 1 ESSEX DRIVE sales between September 2002 and March 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 2008 sale was for 116% above the HPI. So the extrapolation line tracks at 116% above the HPI over time, until the March 2021 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is 1 ESSEX DRIVE?

1 ESSEX DRIVE is 286m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the largest 10% of detached houses in Fernhill Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Fernhill Heath, and where 1 ESSEX DRIVE lies on this distribution: 98% of detached houses are smaller than 1 ESSEX DRIVE, and 2% of houses are larger. Note that EPC data is not available for all properties in Fernhill Heath.

1 ESSEX DRIVE: Plot and Title Map

1 ESSEX DRIVE sits on a plot of roughly 0.151 of an acre, or 610m². The below map shows the location of 1 ESSEX DRIVE, 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 ESSEX DRIVE). 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 1 ESSEX DRIVE?

1 ESSEX DRIVE is located in FERNHILL HEATH, in the WR3 postcode district. The below map shows the position of No. 1 on ESSEX DRIVE.