18, LOWER DRIVE, BESFORD, WORCESTER, WR8 9AH - £505,000

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

18 LOWER DRIVE is a small extended detached house of 174m², built sometime between 1996 and 2002. It was last sold for £505,000 in June 2020, which was around 26% above the average June 2020 detached price in the Wychavon local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was D.

18 LOWER DRIVE Sold Prices

Land registry data shows three sales for 18 LOWER 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 18 LOWER 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
2020 23 JUN	£505,000	£399,261	26% above HPI
2015 27 FEB	£375,000	£324,526	16% above HPI
2001 30 NOV	£280,000	£178,957	56% above HPI

18 LOWER 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 18 LOWER DRIVE sales between November 2001 and June 2020 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 2015 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the June 2020 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 18 LOWER DRIVE?

18 LOWER DRIVE is 174m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 30% of detached houses in Besford, based on EPC data. The below chart shows the distribution of detached houses by size in Besford, and where 18 LOWER DRIVE lies on this distribution: 25% of detached houses are smaller than 18 LOWER DRIVE, and 75% of houses are larger. Note that EPC data is not available for all properties in Besford.

18 LOWER DRIVE: Plot and Title Map

18 LOWER DRIVE sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 18 LOWER 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 18 LOWER 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 18 LOWER DRIVE?

18 LOWER DRIVE is located in BESFORD, in the WR8 postcode district. The below map shows the position of No. 18 on LOWER DRIVE.