2, AERIAL WAY, WYCHBOLD, DROITWICH, WR9 7PZ - £278,000

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.

2 AERIAL WAY is a very small detached house of 84m², built sometime between 1996 and 2002, which could now be worth an estimated £332,684. It was last sold for £278,000 in August 2019, which was around 29% below the average August 2019 detached price in the Wychavon local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

2 AERIAL WAY Sold Prices

Land registry data shows five sales for 2 AERIAL WAY 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 2 AERIAL 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
2019 2 AUG	£278,000	£389,499	29% below HPI
2016 9 SEP	£245,000	£357,017	31% below HPI
2013 1 JUL	£212,000	£295,773	28% below HPI
2008 2 MAY	£210,000	£307,514	32% below HPI
2003 14 APR	£163,500	£233,567	30% below HPI

2 AERIAL 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 five 2 AERIAL WAY sales between April 2003 and August 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 September 2016 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2019 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 2 AERIAL WAY be worth now?

2 AERIAL WAY might now be worth an estimated £332,684.

This is based on house price inflation of 19.7%, between August 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 19.7% inflationary increase is applied to the most recent sale price for 2 AERIAL WAY of £278,000 on 2nd August 2019. For the value to have increased from £278,000 to £332,684 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 2 AERIAL WAY has moved in line with the HPI for detached houses in the Wychavon local authority area.
• The August 2019 sale price of £278,000 represented a fair market value for the property.
• The size, condition, and specification of 2 AERIAL WAY has not materially changed since August 2019.

How Large is 2 AERIAL WAY?

2 AERIAL WAY is 84m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% of detached houses houses in Wychbold, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wychbold, and where 2 AERIAL WAY lies on this distribution: 3% of detached houses houses are smaller than 2 AERIAL WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Wychbold.

2 AERIAL WAY: Plot and Title Map

2 AERIAL WAY sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 2 AERIAL 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 2 AERIAL 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 2 AERIAL WAY?

2 AERIAL WAY is located in WYCHBOLD, in the WR9 postcode district. The below map shows the position of No. 2 on AERIAL WAY.