34, PEACHLEY LANE, LOWER BROADHEATH, WORCESTER, WR2 6QR - £265,000

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

34 PEACHLEY LANE is a very small extended detached house of 74m², built sometime between 1967 and 1975. It was last sold for £265,000 in August 2023, which was around 41% below the average August 2023 detached price in the Malvern Hills local authority area. The most recent EPC inspection was April 2023, where the current energy rating was F, and the potential energy rating was A.

34 PEACHLEY LANE Sold Prices

Land registry data shows two sales for 34 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 34 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
2023 25 AUG	£265,000	£452,000	41% below HPI
1998 20 NOV	£86,300	£120,059	28% below HPI

34 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 34 PEACHLEY LANE sales from November 1998 and August 2023 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 November 1998 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2023 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 34 PEACHLEY LANE?

34 PEACHLEY LANE is 74m², which includes one extension, according to the EPC inspection conducted in April 2023. 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 34 PEACHLEY LANE lies on this distribution: 8% of detached houses are smaller than 34 PEACHLEY LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Lower Broadheath.

34 PEACHLEY LANE: Plot and Title Map

34 PEACHLEY LANE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 34 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 34 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 34 PEACHLEY LANE?

34 PEACHLEY LANE is located in LOWER BROADHEATH, in the WR2 postcode district. The below map shows the position of No. 34 on PEACHLEY LANE.