23, GRESLEY WAY, COPCUT, DROITWICH, WR9 7JD - £312,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

23 GRESLEY WAY is a very small detached house of 87m². It was last sold for £312,500 in June 2021, which was around 27% below the average June 2021 detached price in the Wychavon local authority area. The most recent EPC inspection was March 2018, where the current energy rating was B, and the potential energy rating was A.

23 GRESLEY WAY Sold Prices

Land registry data shows two sales for 23 GRESLEY WAY 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 23 GRESLEY 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
2021 25 JUN	£312,500	£428,753	27% below HPI
2018 18 MAY	£275,000	£392,607	30% below HPI

23 GRESLEY WAY 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 23 GRESLEY WAY sales from May 2018 and June 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 May 2018 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2021 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 23 GRESLEY WAY?

23 GRESLEY WAY is 87m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 20% of detached houses in Droitwich Spa, based on EPC data. The below chart shows the distribution of detached houses by size in Droitwich Spa, and where 23 GRESLEY WAY lies on this distribution: 16% of detached houses are smaller than 23 GRESLEY WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Droitwich Spa.

23 GRESLEY WAY: Plot and Title Map

23 GRESLEY WAY sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 23 GRESLEY 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 23 GRESLEY 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.

Where is 23 GRESLEY WAY?

23 GRESLEY WAY is located in COPCUT, in the WR9 postcode district. The below map shows the position of No. 23 on GRESLEY WAY.