3, GROSVENOR WAY, DROITWICH, WR9 7SR - £283,000

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

3 GROSVENOR WAY is a small extended detached house of 108m², built sometime between 1991 and 1995. It was last sold for £283,000 in April 2018, which was around 28% below the average April 2018 detached price in the Wychavon local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was C.

3 GROSVENOR WAY Sold Prices

Land registry data shows two sales for 3 GROSVENOR WAY 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 3 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
2018 6 APR	£283,000	£395,127	28% below HPI
2015 15 MAY	£234,000	£331,194	29% below HPI

3 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 two 3 GROSVENOR WAY sales from May 2015 and April 2018 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 2015 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the April 2018 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 3 GROSVENOR WAY?

3 GROSVENOR WAY is 108m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the smallest 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 3 GROSVENOR WAY lies on this distribution: 38% of detached houses are smaller than 3 GROSVENOR WAY, and 61% of houses are larger. Note that EPC data is not available for all properties in Droitwich Spa.

3 GROSVENOR WAY: Plot and Title Map

3 GROSVENOR WAY sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 3 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 3 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 3 GROSVENOR WAY?

3 GROSVENOR WAY is located in DROITWICH, in the WR9 postcode district. The below map shows the position of No. 3 on GROSVENOR WAY.