38, PERCHERON WAY, DROITWICH, WR9 7RF - £278,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

38 PERCHERON WAY is a midsized extended detached house of 110m², built sometime between 1967 and 1975. It was last sold for £278,000 in July 2017, which was around 23% below the average July 2017 detached price in the Wychavon local authority area. The most recent EPC inspection was October 2012, where the current energy rating was E, and the potential energy rating was B.

38 PERCHERON WAY Sold Prices

Land registry data shows four sales for 38 PERCHERON WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wychavon local authority area for the corresponding sale date. All of the four 38 PERCHERON WAY 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
2017 10 JUL	£278,000	£361,866	23% below HPI
2013 8 AUG	£234,000	£297,139	21% below HPI
2006 4 AUG	£237,500	£299,842	21% below HPI
1998 4 DEC	£87,500	£124,998	30% below HPI

38 PERCHERON WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wychavon local authority area over time, sourced from the HPI. The four 38 PERCHERON WAY sales between December 1998 and July 2017 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 August 2013 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2017 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 38 PERCHERON WAY be worth now?

38 PERCHERON WAY might now be worth an estimated £365,002.

This is based on house price inflation of 31.3%, between July 2017 and December 2024, for 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 31.3% inflationary increase is applied to the most recent sale price for 38 PERCHERON WAY of £278,000 on 10th July 2017. For the value to have increased from £278,000 to £365,002 over the six years and seven months to December 2024, the following assumptions must hold true:

• The value of 38 PERCHERON WAY has moved in line with the HPI for detached houses in the Wychavon local authority area.
• The July 2017 sale price of £278,000 represented a fair market value for the property.
• The size, condition, and specification of 38 PERCHERON WAY has not materially changed since July 2017.

How Large is 38 PERCHERON WAY?

38 PERCHERON WAY is 110m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the smallest 50% of detached houses houses in Droitwich Spa, based on EPC data. The below chart shows the distribution of detached houses houses by size in Droitwich Spa, and where 38 PERCHERON WAY lies on this distribution: 40% of detached houses houses are smaller than 38 PERCHERON WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Droitwich Spa.

38 PERCHERON WAY: Plot and Title Map

38 PERCHERON WAY sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 38 PERCHERON WAY, 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 38 PERCHERON WAY). 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 38 PERCHERON WAY?

38 PERCHERON WAY is located in DROITWICH, in the WR9 postcode district. The below map shows the position of No. 38 on PERCHERON WAY.