26, PARK WAY, DROITWICH, WR9 9HE - £245,000

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

26 PARK WAY is a midsized extended detached house of 116m², built sometime between 2003 and 2006. It was last sold for £245,000 in July 2016, which was around 31% below the average July 2016 detached price in the Wychavon local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

26 PARK WAY Sold Prices

Land registry data shows three sales for 26 PARK WAY 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 26 PARK 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
2016 29 JUL	£245,000	£356,860	31% below HPI
2015 13 APR	£198,000	£328,609	40% below HPI
1995 4 DEC	£81,750	£102,513	20% below HPI

26 PARK 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 three 26 PARK WAY sales between December 1995 and July 2016 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 April 2015 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the July 2016 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 26 PARK WAY?

26 PARK WAY is 116m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 50% 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 26 PARK WAY lies on this distribution: 49% of detached houses are smaller than 26 PARK WAY, and 49% of houses are larger. Note that EPC data is not available for all properties in Droitwich Spa.

26 PARK WAY: Plot and Title Map

26 PARK WAY sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 26 PARK 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 26 PARK 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 26 PARK WAY?

26 PARK WAY is located in DROITWICH, in the WR9 postcode district. The below map shows the position of No. 26 on PARK WAY.