4, GROSVENOR WAY, DROITWICH, WR9 7SR - £244,500

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

4 GROSVENOR WAY is a small extended detached house of 93m², built sometime between 1991 and 1995. It was last sold for £244,500 in October 2014, which was around 26% below the average October 2014 detached price in the Wychavon local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

4 GROSVENOR WAY Sold Prices

Land registry data shows three sales for 4 GROSVENOR WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wychavon local authority area for the corresponding sale date. All of the three 4 GROSVENOR 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
2014 24 OCT	£244,500	£329,839	26% below HPI
2004 23 APR	£189,950	£253,688	25% below HPI
1998 31 JUL	£107,500	£123,001	13% below HPI

4 GROSVENOR 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 three 4 GROSVENOR WAY sales between July 1998 and October 2014 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 April 2004 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2014 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 4 GROSVENOR WAY be worth now?

4 GROSVENOR WAY might now be worth an estimated £352,189.

This is based on house price inflation of 44%, between October 2014 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 44% inflationary increase is applied to the most recent sale price for 4 GROSVENOR WAY of £244,500 on 24th October 2014. For the value to have increased from £244,500 to £352,189 over the nine years and ten months to December 2024, the following assumptions must hold true:

• The value of 4 GROSVENOR WAY has moved in line with the HPI for detached houses in the Wychavon local authority area.
• The October 2014 sale price of £244,500 represented a fair market value for the property.
• The size, condition, and specification of 4 GROSVENOR WAY has not materially changed since October 2014.

How Large is 4 GROSVENOR WAY?

4 GROSVENOR WAY is 93m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 30% 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 4 GROSVENOR WAY lies on this distribution: 24% of detached houses houses are smaller than 4 GROSVENOR WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Droitwich Spa.

4 GROSVENOR WAY: Plot and Title Map

4 GROSVENOR WAY sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 4 GROSVENOR 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 4 GROSVENOR 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 4 GROSVENOR WAY?

4 GROSVENOR WAY is located in DROITWICH, in the WR9 postcode district. The below map shows the position of No. 4 on GROSVENOR WAY.