23, GROSVENOR WAY, DROITWICH, WR9 7SR - £457,000

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

23 GROSVENOR WAY is a large extended detached house of 134m², built sometime between 1991 and 1995. It was last sold for £457,000 in February 2023, which was around 6% below the average February 2023 detached price in the Wychavon local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was C.

23 GROSVENOR WAY Sold Prices

Land registry data shows four sales for 23 GROSVENOR WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wychavon local authority area for the corresponding sale date. All of the four 23 GROSVENOR 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
2023 27 FEB	£457,000	£487,777	6% below HPI
2018 25 JUN	£345,000	£389,981	12% below HPI
2004 11 JUN	£257,500	£269,242	4% below HPI
1997 27 MAR	£98,000	£108,744	10% below HPI

23 GROSVENOR 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 four 23 GROSVENOR WAY sales between March 1997 and February 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 June 2018 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2023 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 23 GROSVENOR WAY?

23 GROSVENOR WAY is 134m², which includes three extensions, according to the EPC inspection conducted in July 2017. This puts it in the largest 40% 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 GROSVENOR WAY lies on this distribution: 69% of detached houses are smaller than 23 GROSVENOR WAY, and 30% of houses are larger. Note that EPC data is not available for all properties in Droitwich Spa.

23 GROSVENOR WAY: Plot and Title Map

23 GROSVENOR WAY sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 23 GROSVENOR 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 GROSVENOR 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 GROSVENOR WAY?

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