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
12 GRASSINGTON DRIVE is a large extended detached house of 121m², built sometime between 1991 and 1995. It was last sold for £207,500 in June 2013, which was around 20% below the average June 2013 detached price in the Worcester local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 12 GRASSINGTON DRIVE 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. Both of the two 12 GRASSINGTON DRIVE 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 |
---|---|---|---|
2013 13 JUN | £207,500 | £258,677 | 20% below HPI |
1995 6 JUL | £74,000 | £79,678 | 7% below HPI |
The below graph shows the average detached house price in the Worcester local authority area over time, sourced from the HPI. The two 12 GRASSINGTON DRIVE sales from July 1995 and June 2013 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 1995 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2013 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.
12 GRASSINGTON DRIVE is 121m², which includes two extensions, according to the EPC inspection conducted in May 2012. This puts it in the largest 40% of detached houses in Worcester, based on EPC data. The below chart shows the distribution of detached houses by size in Worcester, and where 12 GRASSINGTON DRIVE lies on this distribution: 61% of detached houses are smaller than 12 GRASSINGTON DRIVE, and 38% of houses are larger. Note that EPC data is not available for all properties in Worcester.
12 GRASSINGTON DRIVE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 12 GRASSINGTON 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 12 GRASSINGTON 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.
12 GRASSINGTON DRIVE is located in WORCESTER, in the WR4 postcode district. The below map shows the position of No. 12 on GRASSINGTON DRIVE.