2, LAUREL CLOSE, DRAKES BROUGHTON, PERSHORE, WR10 2AY - £196,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 LAUREL CLOSE is a very small detached house of 80m², built sometime between 1976 and 1982. It was last sold for £196,000 in February 2012, which was around 33% below the average February 2012 detached price in the Wychavon local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

2 LAUREL CLOSE Sold Prices

Land registry data shows two sales for 2 LAUREL CLOSE 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 2 LAUREL 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
2012 2 FEB	£196,000	£294,020	33% below HPI
2000 28 SEP	£120,000	£162,837	26% below HPI

2 LAUREL 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 two 2 LAUREL CLOSE sales from September 2000 and February 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 September 2000 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2012 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 2 LAUREL CLOSE?

2 LAUREL CLOSE is 80m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% of detached houses in Drakes Broughton, based on EPC data. The below chart shows the distribution of detached houses by size in Drakes Broughton, and where 2 LAUREL CLOSE lies on this distribution: 14% of detached houses are smaller than 2 LAUREL CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Drakes Broughton.

2 LAUREL CLOSE: Plot and Title Map

2 LAUREL CLOSE sits on a plot of roughly 0.181 of an acre, or 731m². The below map shows the location of 2 LAUREL 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 LAUREL 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 LAUREL CLOSE?

2 LAUREL CLOSE is located in DRAKES BROUGHTON, in the WR10 postcode district. The below map shows the position of No. 2 on LAUREL CLOSE.