18, CHESTNUT CLOSE, DRAKES BROUGHTON, PERSHORE, WR10 2BP - £202,000

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.

18 CHESTNUT CLOSE is a very small detached house of 60m², built sometime between 1983 and 1990, which could now be worth an estimated £246,155. It was last sold for £202,000 in May 2019, which was around 47% below the average May 2019 detached price in the Wychavon local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

18 CHESTNUT CLOSE Sold Prices

Land registry data shows five sales for 18 CHESTNUT CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wychavon local authority area for the corresponding sale date. All of the five 18 CHESTNUT 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
2019 24 MAY	£202,000	£382,505	47% below HPI
2010 16 NOV	£170,000	£304,430	44% below HPI
2007 3 AUG	£178,000	£319,714	44% below HPI
2007 26 FEB	£162,000	£306,002	47% below HPI
1997 15 AUG	£73,000	£113,933	36% below HPI

18 CHESTNUT 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 five 18 CHESTNUT CLOSE sales between August 1997 and May 2019 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 November 2010 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the May 2019 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 18 CHESTNUT CLOSE be worth now?

18 CHESTNUT CLOSE might now be worth an estimated £246,155.

This is based on house price inflation of 21.9%, between May 2019 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 21.9% inflationary increase is applied to the most recent sale price for 18 CHESTNUT CLOSE of £202,000 on 24th May 2019. For the value to have increased from £202,000 to £246,155 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 18 CHESTNUT CLOSE has moved in line with the HPI for detached houses in the Wychavon local authority area.
• The May 2019 sale price of £202,000 represented a fair market value for the property.
• The size, condition, and specification of 18 CHESTNUT CLOSE has not materially changed since May 2019.

How Large is 18 CHESTNUT CLOSE?

18 CHESTNUT CLOSE is 60m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% of detached houses houses in Drakes Broughton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Drakes Broughton, and where 18 CHESTNUT CLOSE lies on this distribution: 4% of detached houses houses are smaller than 18 CHESTNUT CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Drakes Broughton.

18 CHESTNUT CLOSE: Plot and Title Map

18 CHESTNUT CLOSE sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 18 CHESTNUT 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 18 CHESTNUT 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 18 CHESTNUT CLOSE?

18 CHESTNUT CLOSE is located in DRAKES BROUGHTON, in the WR10 postcode district. The below map shows the position of No. 18 on CHESTNUT CLOSE.