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

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

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 24% 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	£367,785	24% below HPI
2013 8 AUG	£234,000	£301,999	23% below HPI
2006 4 AUG	£237,500	£304,746	22% below HPI
1998 4 DEC	£87,500	£127,043	31% 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 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2017 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

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 in Droitwich Spa, based on EPC data. The below chart shows the distribution of detached houses by size in Droitwich Spa, and where 38 PERCHERON WAY lies on this distribution: 40% of detached 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.