2, THE DERRIES, FERNHILL HEATH, WORCESTER, WR3 8RY - £525,000

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 THE DERRIES is a very large extended detached house of 201m², built sometime between 1991 and 1995, which could now be worth an estimated £597,032. It was last sold for £525,000 in March 2021, which was around 28% above the average March 2021 detached price in the Wychavon local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was C.

2 THE DERRIES Sold Prices

Land registry data shows two sales for 2 THE DERRIES 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 THE DERRIES 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
2021 4 MAR	£525,000	£409,879	28% above HPI
2016 15 NOV	£430,000	£362,893	18% above HPI

2 THE DERRIES 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 THE DERRIES sales from November 2016 and March 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 November 2016 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the March 2021 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 2 THE DERRIES be worth now?

2 THE DERRIES might now be worth an estimated £597,032.

This is based on house price inflation of 13.7%, between March 2021 and February 2025, 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 13.7% inflationary increase is applied to the most recent sale price for 2 THE DERRIES of £525,000 on 4th March 2021. For the value to have increased from £525,000 to £597,032 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 2 THE DERRIES has moved in line with the HPI for detached houses in the Wychavon local authority area.
• The March 2021 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE DERRIES has not materially changed since March 2021.

How Large is 2 THE DERRIES?

2 THE DERRIES is 201m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the largest 20% of detached houses houses in Fernhill Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fernhill Heath, and where 2 THE DERRIES lies on this distribution: 88% of detached houses houses are smaller than 2 THE DERRIES, and 12% of houses are larger. Note that EPC data is not available for all properties in Fernhill Heath.

2 THE DERRIES: Plot and Title Map

2 THE DERRIES sits on a plot of roughly 0.161 of an acre, or 650m². The below map shows the location of 2 THE DERRIES, 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 THE DERRIES). 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 THE DERRIES?

2 THE DERRIES is located in FERNHILL HEATH, in the WR3 postcode district. The below map shows the position of No. 2 on THE DERRIES.