16, FIR TREE ROAD, FERNHILL HEATH, WORCESTER, WR3 8RE - £375,000

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

16 FIR TREE ROAD is a very small detached house of 74m², built sometime between 1983 and 1990. It was last sold for £375,000 in July 2023, which was around 21% below the average July 2023 detached price in the Wychavon local authority area. The most recent EPC inspection was February 2022, where the current energy rating was E, and the potential energy rating was B.

16 FIR TREE ROAD Sold Prices

Land registry data shows two sales for 16 FIR TREE ROAD 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 16 FIR TREE ROAD 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
2023 28 JUL	£375,000	£475,398	21% below HPI
2022 31 MAY	£332,000	£478,822	31% below HPI

16 FIR TREE ROAD 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 16 FIR TREE ROAD sales from May 2022 and July 2023 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 2022 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2023 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 16 FIR TREE ROAD?

16 FIR TREE ROAD is 74m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 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 16 FIR TREE ROAD lies on this distribution: 5% of detached houses are smaller than 16 FIR TREE ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Fernhill Heath.

16 FIR TREE ROAD: Plot and Title Map

16 FIR TREE ROAD sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 16 FIR TREE ROAD, 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 16 FIR TREE ROAD). 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 16 FIR TREE ROAD?

16 FIR TREE ROAD is located in FERNHILL HEATH, in the WR3 postcode district. The below map shows the position of No. 16 on FIR TREE ROAD.