3, FORTUNA WAY, KEMPSEY, WORCESTER, WR5 3WL - £330,000

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

3 FORTUNA WAY is a very small detached house of 88m². It was last sold for £330,000 in February 2023, which was around 26% below the average February 2023 detached price in the Malvern Hills local authority area. The most recent EPC inspection was September 2017, where the current energy rating was B, and the potential energy rating was A.

3 FORTUNA WAY Sold Prices

Land registry data shows three sales for 3 FORTUNA 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 Malvern Hills local authority area for the corresponding sale date. All of the three 3 FORTUNA 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 28 FEB	£330,000	£447,981	26% below HPI
2019 19 DEC	£268,000	£369,800	28% below HPI
2017 29 SEP	£264,995	£355,293	25% below HPI

3 FORTUNA WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Malvern Hills local authority area over time, sourced from the HPI. The three 3 FORTUNA WAY sales between September 2017 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 December 2019 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2023 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 3 FORTUNA WAY?

3 FORTUNA WAY is 88m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 20% of detached houses in Kempsey, based on EPC data. The below chart shows the distribution of detached houses by size in Kempsey, and where 3 FORTUNA WAY lies on this distribution: 16% of detached houses are smaller than 3 FORTUNA WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Kempsey.

3 FORTUNA WAY: Plot and Title Map

3 FORTUNA WAY sits on a plot of roughly 0.087 of an acre, or 350m². The below map shows the location of 3 FORTUNA 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 3 FORTUNA 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 3 FORTUNA WAY?

3 FORTUNA WAY is located in KEMPSEY, in the WR5 postcode district. The below map shows the position of No. 3 on FORTUNA WAY.