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

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 READES PIECE is a small detached house of 102m², built sometime between 1996 and 2002. It was last sold for £370,000 in October 2011, which was around 20% 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	£307,060	20% above HPI
2002 29 JUL	£305,000	£207,243	47% above HPI
1996 14 FEB	£154,500	£103,670	49% 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 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the October 2011 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

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 in Honeybourne, based on EPC data. The below chart shows the distribution of detached houses by size in Honeybourne, and where 2 READES PIECE lies on this distribution: 27% of detached 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.