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
2 PEAR TREE WAY is a midsized extended detached house of 117m², built sometime between 1996 and 2002. It was last sold for £340,000 in August 2019, which was around 14% below the average August 2019 detached price in the Wychavon local authority area. The most recent EPC inspection was February 2011, where the current energy rating was F, and the potential energy rating was F.
Land registry data shows four sales for 2 PEAR TREE WAY since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wychavon local authority area for the corresponding sale date. Most of the four 2 PEAR TREE 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 | £340,000 | £395,870 | 14% below HPI |
2013 1 JUL | £298,000 | £300,610 | 1% below HPI |
2002 22 FEB | £181,500 | £189,881 | 4% below HPI |
1999 17 MAY | £155,000 | £129,340 | 20% above HPI |
The below graph shows the average detached house price in the Wychavon local authority area over time, sourced from the HPI. The four 2 PEAR TREE WAY sales between May 1999 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 July 2013 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2019 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.
2 PEAR TREE WAY is 117m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the smallest 50% of detached houses in Crowle, based on EPC data. The below chart shows the distribution of detached houses by size in Crowle, and where 2 PEAR TREE WAY lies on this distribution: 41% of detached houses are smaller than 2 PEAR TREE WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Crowle.
2 PEAR TREE WAY sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 2 PEAR TREE 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 PEAR TREE 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.
2 PEAR TREE WAY is located in CROWLE, in the WR7 postcode district. The below map shows the position of No. 2 on PEAR TREE WAY.