4, RICHARDSON CLOSE, WYCHBOLD, DROITWICH, WR9 7PX - £177,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 RICHARDSON CLOSE is a very small semi-detached house of 76m², built sometime between 1991 and 1995, which could now be worth an estimated £240,761. It was last sold for £177,500 in March 2016, which was around 15% below the average March 2016 semi-detached price in the Wychavon local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

4 RICHARDSON CLOSE Sold Prices

Land registry data shows four sales for 4 RICHARDSON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Wychavon local authority area for the corresponding sale date. two of the four 4 RICHARDSON CLOSE sales were for below the average price, and four were for above 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
2016 18 MAR	£177,500	£209,869	15% below HPI
2005 12 SEP	£171,000	£175,542	3% below HPI
2004 2 APR	£168,500	£150,911	12% above HPI
2002 11 MAR	£125,950	£103,748	21% above HPI

4 RICHARDSON CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wychavon local authority area over time, sourced from the HPI. The four 4 RICHARDSON CLOSE sales between March 2002 and March 2016 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 September 2005 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the March 2016 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 4 RICHARDSON CLOSE be worth now?

4 RICHARDSON CLOSE might now be worth an estimated £240,761.

This is based on house price inflation of 35.6%, between March 2016 and February 2025, for semi-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 35.6% inflationary increase is applied to the most recent sale price for 4 RICHARDSON CLOSE of £177,500 on 18th March 2016. For the value to have increased from £177,500 to £240,761 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 4 RICHARDSON CLOSE has moved in line with the HPI for semi-detached houses in the Wychavon local authority area.
• The March 2016 sale price of £177,500 represented a fair market value for the property.
• The size, condition, and specification of 4 RICHARDSON CLOSE has not materially changed since March 2016.

How Large is 4 RICHARDSON CLOSE?

4 RICHARDSON CLOSE is 76m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% of semi-detached houses houses in Wychbold, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wychbold, and where 4 RICHARDSON CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 4 RICHARDSON CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Wychbold.

4 RICHARDSON CLOSE: Plot and Title Map

4 RICHARDSON CLOSE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 4 RICHARDSON CLOSE, 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 RICHARDSON CLOSE). 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 RICHARDSON CLOSE?

4 RICHARDSON CLOSE is located in WYCHBOLD, in the WR9 postcode district. The below map shows the position of No. 4 on RICHARDSON CLOSE.