2, WATERSIDE CLOSE, DROITWICH, WR9 8UN - £335,000

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 WATERSIDE CLOSE is a very small detached house of 60m², built sometime between 1983 and 1990. It was last sold for £335,000 in April 2023, which was around 28% below the average April 2023 detached price in the Wychavon local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

2 WATERSIDE CLOSE Sold Prices

Land registry data shows three sales for 2 WATERSIDE CLOSE 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 WATERSIDE 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
2023 28 APR	£335,000	£466,573	28% below HPI
1996 9 DEC	£74,500	£108,308	31% below HPI
1995 21 FEB	£73,000	£99,820	27% below HPI

2 WATERSIDE 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 three 2 WATERSIDE CLOSE sales between February 1995 and April 2023 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 December 1996 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the April 2023 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 2 WATERSIDE CLOSE be worth now?

2 WATERSIDE CLOSE might now be worth an estimated £341,133.

This is based on house price inflation of 1.8%, between April 2023 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 1.8% inflationary increase is applied to the most recent sale price for 2 WATERSIDE CLOSE of £335,000 on 28th April 2023. For the value to have increased from £335,000 to £341,133 over the four months to December 2024, the following assumptions must hold true:

• The value of 2 WATERSIDE CLOSE has moved in line with the HPI for detached houses in the Wychavon local authority area.
• The April 2023 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WATERSIDE CLOSE has not materially changed since April 2023.

How Large is 2 WATERSIDE CLOSE?

2 WATERSIDE CLOSE is 60m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 10% of detached houses houses in Droitwich Spa, based on EPC data. The below chart shows the distribution of detached houses houses by size in Droitwich Spa, and where 2 WATERSIDE CLOSE lies on this distribution: 1% of detached houses houses are smaller than 2 WATERSIDE CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Droitwich Spa.

2 WATERSIDE CLOSE: Plot and Title Map

2 WATERSIDE CLOSE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 2 WATERSIDE 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 WATERSIDE 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 WATERSIDE CLOSE?

2 WATERSIDE CLOSE is located in DROITWICH, in the WR9 postcode district. The below map shows the position of No. 2 on WATERSIDE CLOSE.