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 LOWER DRIVE is a midsized detached house of 197m², built sometime between 1996 and 2002. It was last sold for £495,000 in September 2007, which was around 49% above the average September 2007 detached price in the Wychavon local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows two sales for 3 LOWER DRIVE since 1st 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 LOWER DRIVE 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 |
---|---|---|---|
2007 7 SEP | £495,000 | £332,721 | 49% above HPI |
2001 30 MAR | £330,000 | £163,186 | 102% above HPI |
The below graph shows the average detached house price in the Wychavon local authority area over time, sourced from the HPI. The two 3 LOWER DRIVE sales from March 2001 and September 2007 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 March 2001 sale was for 102% above the HPI. So the extrapolation line tracks at 102% above the HPI over time, until the September 2007 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.
3 LOWER DRIVE is 197m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 50% of detached houses in Besford, based on EPC data. The below chart shows the distribution of detached houses by size in Besford, and where 3 LOWER DRIVE lies on this distribution: 42% of detached houses are smaller than 3 LOWER DRIVE, and 58% of houses are larger. Note that EPC data is not available for all properties in Besford.
3 LOWER DRIVE sits on a plot of roughly 0.158 of an acre, or 638m². The below map shows the location of 3 LOWER DRIVE, 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 LOWER DRIVE). 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.
3 LOWER DRIVE is located in BESFORD, in the WR8 postcode district. The below map shows the position of No. 3 on LOWER DRIVE.