1, RICHARDSON CLOSE, WYCHBOLD, DROITWICH, WR9 7PX - £254,950

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.

1 RICHARDSON CLOSE is a large extended detached house of 145m², built sometime between 1967 and 1975, which could now be worth an estimated £326,634. It was last sold for £254,950 in February 2017, which was around 30% below the average February 2017 detached price in the Wychavon local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was B.

1 RICHARDSON CLOSE Sold Prices

Land registry data shows two sales for 1 RICHARDSON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wychavon local authority area for the corresponding sale date. Both of the two 1 RICHARDSON CLOSE 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
2017 24 FEB	£254,950	£363,821	30% below HPI
2002 22 MAY	£159,950	£186,997	14% below HPI

1 RICHARDSON CLOSE 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 two 1 RICHARDSON CLOSE sales from May 2002 and February 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 May 2002 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the February 2017 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 1 RICHARDSON CLOSE be worth now?

1 RICHARDSON CLOSE might now be worth an estimated £326,634.

This is based on house price inflation of 28.1%, between February 2017 and February 2025, for detached houses, in the Wychavon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.1% inflationary increase is applied to the most recent sale price for 1 RICHARDSON CLOSE of £254,950 on 24th February 2017. For the value to have increased from £254,950 to £326,634 over the eight years to February 2025, the following assumptions must hold true:

• The value of 1 RICHARDSON CLOSE has moved in line with the HPI for detached houses in the Wychavon local authority area.
• The February 2017 sale price of £254,950 represented a fair market value for the property.
• The size, condition, and specification of 1 RICHARDSON CLOSE has not materially changed since February 2017.

How Large is 1 RICHARDSON CLOSE?

1 RICHARDSON CLOSE is 145m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 30% of detached houses houses in Wychbold, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wychbold, and where 1 RICHARDSON CLOSE lies on this distribution: 77% of detached houses houses are smaller than 1 RICHARDSON CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Wychbold.

1 RICHARDSON CLOSE: Plot and Title Map

1 RICHARDSON CLOSE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 1 RICHARDSON 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 RICHARDSON 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.

Where is 1 RICHARDSON CLOSE?

1 RICHARDSON CLOSE is located in WYCHBOLD, in the WR9 postcode district. The below map shows the position of No. 1 on RICHARDSON CLOSE.