32, PEACHLEY LANE, LOWER BROADHEATH, WORCESTER, WR2 6QR - £299,000

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

32 PEACHLEY LANE is a very small detached house of 60m², built sometime between 1983 and 1990. It was last sold for £299,000 in April 2022, which was around 30% below the average April 2022 detached price in the Malvern Hills local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was A.

32 PEACHLEY LANE Sold Prices

Land registry data shows two sales for 32 PEACHLEY LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Malvern Hills local authority area for the corresponding sale date. Both of the two 32 PEACHLEY LANE 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
2022 20 APR	£299,000	£425,241	30% below HPI
2017 4 OCT	£192,263	£350,249	45% below HPI

32 PEACHLEY LANE 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 two 32 PEACHLEY LANE sales from October 2017 and April 2022 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 October 2017 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the April 2022 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 32 PEACHLEY LANE?

32 PEACHLEY LANE is 60m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 10% of detached houses in Lower Broadheath, based on EPC data. The below chart shows the distribution of detached houses by size in Lower Broadheath, and where 32 PEACHLEY LANE lies on this distribution: 2% of detached houses are smaller than 32 PEACHLEY LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Lower Broadheath.

32 PEACHLEY LANE: Plot and Title Map

32 PEACHLEY LANE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 32 PEACHLEY LANE, 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 32 PEACHLEY LANE). 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 32 PEACHLEY LANE?

32 PEACHLEY LANE is located in LOWER BROADHEATH, in the WR2 postcode district. The below map shows the position of No. 32 on PEACHLEY LANE.