3, THE PARKLANDS, DROITWICH, WR9 7DG - £235,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 THE PARKLANDS is a very small extended semi-detached house of 88m², built sometime between 1976 and 1982, which could now be worth an estimated £280,486. It was last sold for £235,000 in November 2018, which was around 1% below the average November 2018 semi-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 B.

3 THE PARKLANDS Sold Prices

Land registry data shows three sales for 3 THE PARKLANDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Wychavon local authority area for the corresponding sale date. The three 3 THE PARKLANDS sales were a mix of below the average price, roughly equal to the average price, and 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
2018 30 NOV	£235,000	£238,502	1% below HPI
1998 8 SEP	£73,000	£72,701	Close to HPI
1996 25 APR	£62,000	£58,075	7% above HPI

3 THE PARKLANDS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wychavon local authority area over time, sourced from the HPI. The three 3 THE PARKLANDS sales between April 1996 and November 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 September 1998 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2018 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 3 THE PARKLANDS be worth now?

3 THE PARKLANDS might now be worth an estimated £280,486.

This is based on house price inflation of 19.4%, between November 2018 and February 2025, for semi-detached houses, in the Wychavon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.4% inflationary increase is applied to the most recent sale price for 3 THE PARKLANDS of £235,000 on 30th November 2018. For the value to have increased from £235,000 to £280,486 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 THE PARKLANDS has moved in line with the HPI for semi-detached houses in the Wychavon local authority area.
• The November 2018 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE PARKLANDS has not materially changed since November 2018.

How Large is 3 THE PARKLANDS?

3 THE PARKLANDS is 88m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the smallest 20% of semi-detached houses houses in Droitwich Spa, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Droitwich Spa, and where 3 THE PARKLANDS lies on this distribution: 17% of semi-detached houses houses are smaller than 3 THE PARKLANDS, and 82% of houses are larger. Note that EPC data is not available for all properties in Droitwich Spa.

3 THE PARKLANDS: Plot and Title Map

3 THE PARKLANDS sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 3 THE PARKLANDS, 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 THE PARKLANDS). 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 THE PARKLANDS?

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