2, ELM CLOSE, PEBWORTH, STRATFORD-UPON-AVON, CV37 8XL - £227,000

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 ELM CLOSE is a very small extended semi-detached house of 88m², built sometime between 1950 and 1966, which could now be worth an estimated £263,386. It was last sold for £227,000 in February 2021, which was around 7% below the average February 2021 semi-detached price in the Wychavon local authority area. The most recent EPC inspection was September 2016, where the current energy rating was F, and the potential energy rating was C.

2 ELM CLOSE Sold Prices

Land registry data shows two sales for 2 ELM CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Wychavon local authority area for the corresponding sale date. Both of the two 2 ELM 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
2021 22 FEB	£227,000	£245,340	7% below HPI
2017 23 JAN	£185,000	£216,157	14% below HPI

2 ELM CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wychavon local authority area over time, sourced from the HPI. The two 2 ELM CLOSE sales from January 2017 and February 2021 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 January 2017 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the February 2021 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 2 ELM CLOSE be worth now?

2 ELM CLOSE might now be worth an estimated £263,386.

This is based on house price inflation of 16%, between February 2021 and February 2025, for semi-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 16% inflationary increase is applied to the most recent sale price for 2 ELM CLOSE of £227,000 on 22nd February 2021. For the value to have increased from £227,000 to £263,386 over the four years to February 2025, the following assumptions must hold true:

• The value of 2 ELM CLOSE has moved in line with the HPI for semi-detached houses in the Wychavon local authority area.
• The February 2021 sale price of £227,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ELM CLOSE has not materially changed since February 2021.

How Large is 2 ELM CLOSE?

2 ELM CLOSE is 88m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% of semi-detached houses houses in Pebworth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Pebworth, and where 2 ELM CLOSE lies on this distribution: 8% of semi-detached houses houses are smaller than 2 ELM CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Pebworth.

2 ELM CLOSE: Plot and Title Map

2 ELM CLOSE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 2 ELM 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 2 ELM 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 2 ELM CLOSE?

2 ELM CLOSE is located in PEBWORTH, in the CV37 postcode district. The below map shows the position of No. 2 on ELM CLOSE.