18, PARK WAY, DROITWICH, WR9 9HE - £221,000

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 PARK WAY is a large detached house of 140m², built sometime between 1991 and 1995. It was last sold for £221,000 in November 2012, which was around 29% below the average November 2012 detached price in the Wychavon local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was B.

18 PARK WAY Sold Prices

Land registry data shows two sales for 18 PARK WAY 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 18 PARK WAY 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
2012 30 NOV	£221,000	£310,256	29% below HPI
1997 20 OCT	£115,000	£120,508	5% below HPI

18 PARK WAY 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 18 PARK WAY sales from October 1997 and November 2012 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 October 1997 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2012 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 18 PARK WAY?

18 PARK WAY is 140m² according to the EPC inspection conducted in June 2012. This puts it in the largest 30% of detached houses in Droitwich Spa, based on EPC data. The below chart shows the distribution of detached houses by size in Droitwich Spa, and where 18 PARK WAY lies on this distribution: 73% of detached houses are smaller than 18 PARK WAY, and 26% of houses are larger. Note that EPC data is not available for all properties in Droitwich Spa.

18 PARK WAY: Plot and Title Map

18 PARK WAY sits on a plot of roughly 0.164 of an acre, or 666m². The below map shows the location of 18 PARK WAY, 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 PARK WAY). 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 PARK WAY?

18 PARK WAY is located in DROITWICH, in the WR9 postcode district. The below map shows the position of No. 18 on PARK WAY.