277, DROITWICH ROAD, FERNHILL HEATH, WORCESTER, WR3 7SU - £505,000

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

277 DROITWICH ROAD is a large extended detached house of 157m², built sometime between 1930 and 1949. It was last sold for £505,000 in January 2019, which was around 27% above the average January 2019 detached price in the Wychavon local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

277 DROITWICH ROAD Sold Prices

Land registry data shows three sales for 277 DROITWICH ROAD 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 277 DROITWICH ROAD sales were for above 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
2019 30 JAN	£505,000	£399,088	27% above HPI
2008 2 MAY	£370,000	£312,543	18% above HPI
2004 20 AUG	£370,000	£282,846	31% above HPI

277 DROITWICH 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 three 277 DROITWICH ROAD sales between August 2004 and January 2019 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 2008 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the January 2019 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 277 DROITWICH ROAD?

277 DROITWICH ROAD is 157m², which includes two extensions, according to the EPC inspection conducted in September 2018. This puts it in the largest 30% of detached houses in Fernhill Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Fernhill Heath, and where 277 DROITWICH ROAD lies on this distribution: 71% of detached houses are smaller than 277 DROITWICH ROAD, and 29% of houses are larger. Note that EPC data is not available for all properties in Fernhill Heath.

277 DROITWICH ROAD: Plot and Title Map

277 DROITWICH ROAD sits on a plot of roughly 2.0 acres, or 7,976m². The below map shows the location of 277 DROITWICH 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 277 DROITWICH 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 277 DROITWICH ROAD?

277 DROITWICH ROAD is located in FERNHILL HEATH, in the WR3 postcode district. The below map shows the position of No. 277 on DROITWICH ROAD.