2, READES PIECE, HONEYBOURNE, EVESHAM, WR11 7GA - £370,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 READES PIECE is a small detached house of 102m², built sometime between 1996 and 2002, which could now be worth an estimated £581,865. It was last sold for £370,000 in October 2011, which was around 22% above the average October 2011 detached price in the Wychavon local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

2 READES PIECE Sold Prices

Land registry data shows three sales for 2 READES PIECE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wychavon local authority area for the corresponding sale date. All of the three 2 READES PIECE sales were for above 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
2011 11 OCT	£370,000	£302,119	22% above HPI
2002 29 JUL	£305,000	£203,908	50% above HPI
1996 14 FEB	£154,500	£102,002	51% above HPI

2 READES PIECE 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 three 2 READES PIECE sales between February 1996 and October 2011 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 2002 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the October 2011 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 2 READES PIECE be worth now?

2 READES PIECE might now be worth an estimated £581,865.

This is based on house price inflation of 57.3%, between October 2011 and December 2024, 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 57.3% inflationary increase is applied to the most recent sale price for 2 READES PIECE of £370,000 on 11th October 2011. For the value to have increased from £370,000 to £581,865 over the twelve years and ten months to December 2024, the following assumptions must hold true:

• The value of 2 READES PIECE has moved in line with the HPI for detached houses in the Wychavon local authority area.
• The October 2011 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 2 READES PIECE has not materially changed since October 2011.

How Large is 2 READES PIECE?

2 READES PIECE is 102m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 30% of detached houses houses in Honeybourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Honeybourne, and where 2 READES PIECE lies on this distribution: 27% of detached houses houses are smaller than 2 READES PIECE, and 73% of houses are larger. Note that EPC data is not available for all properties in Honeybourne.

2 READES PIECE: Plot and Title Map

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

2 READES PIECE is located in HONEYBOURNE, in the WR11 postcode district. The below map shows the position of No. 2 on READES PIECE.