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 ORCHARD LEA is a very large extended detached house of 152m², built sometime between 1967 and 1975. It was last sold for £450,000 in February 2021, which was around 8% above the average February 2021 detached price in the Wychavon local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 3 ORCHARD LEA 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. One of the two 3 ORCHARD LEA sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2021 24 FEB | £450,000 | £416,431 | 8% above HPI |
2014 20 FEB | £305,000 | £311,740 | 2% below 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 ORCHARD LEA sales from February 2014 and February 2021 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 2014 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the February 2021 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.
3 ORCHARD LEA is 152m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the largest 20% 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 ORCHARD LEA lies on this distribution: 82% of detached houses are smaller than 3 ORCHARD LEA, and 18% of houses are larger. Note that EPC data is not available for all properties in Droitwich Spa.
3 ORCHARD LEA sits on a plot of roughly 0.179 of an acre, or 724m². The below map shows the location of 3 ORCHARD LEA, 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 ORCHARD LEA). 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 ORCHARD LEA is located in DROITWICH, in the WR9 postcode district. The below map shows the position of No. 3 on ORCHARD LEA.