27, PENRICE ROAD, DROITWICH, WR9 8NS - £297,000

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

27 PENRICE ROAD is a midsized extended detached house of 111m², built sometime between 1930 and 1949. It was last sold for £297,000 in January 2017, which was around 19% below the average January 2017 detached price in the Wychavon local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

27 PENRICE ROAD Sold Prices

Land registry data shows two sales for 27 PENRICE ROAD 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 27 PENRICE ROAD 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
2017 5 JAN	£297,000	£366,583	19% below HPI
2012 14 FEB	£240,000	£289,288	17% below HPI

27 PENRICE ROAD 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 27 PENRICE ROAD sales from February 2012 and January 2017 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 February 2012 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2017 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 27 PENRICE ROAD be worth now?

27 PENRICE ROAD might now be worth an estimated £384,931.

This is based on house price inflation of 29.6%, between January 2017 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 29.6% inflationary increase is applied to the most recent sale price for 27 PENRICE ROAD of £297,000 on 5th January 2017. For the value to have increased from £297,000 to £384,931 over the six years and one month to December 2024, the following assumptions must hold true:

• The value of 27 PENRICE ROAD has moved in line with the HPI for detached houses in the Wychavon local authority area.
• The January 2017 sale price of £297,000 represented a fair market value for the property.
• The size, condition, and specification of 27 PENRICE ROAD has not materially changed since January 2017.

How Large is 27 PENRICE ROAD?

27 PENRICE ROAD is 111m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 50% 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 27 PENRICE ROAD lies on this distribution: 42% of detached houses houses are smaller than 27 PENRICE ROAD, and 57% of houses are larger. Note that EPC data is not available for all properties in Droitwich Spa.

27 PENRICE ROAD: Plot and Title Map

27 PENRICE ROAD sits on a plot of roughly 0.135 of an acre, or 547m². The below map shows the location of 27 PENRICE ROAD, 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 27 PENRICE ROAD). 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 27 PENRICE ROAD?

27 PENRICE ROAD is located in DROITWICH, in the WR9 postcode district. The below map shows the position of No. 27 on PENRICE ROAD.