40, PERCHERON WAY, DROITWICH, WR9 7RF - £300,000

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

40 PERCHERON WAY is a large extended detached house of 143m², built sometime between 1976 and 1982. It was last sold for £300,000 in January 2017, which was around 18% below the average January 2017 detached price in the Wychavon local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

40 PERCHERON WAY Sold Prices

Land registry data shows two sales for 40 PERCHERON WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wychavon local authority area for the corresponding sale date. Both of the two 40 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 24 JAN	£300,000	£366,583	18% below HPI
2008 6 NOV	£200,000	£299,253	33% below HPI

40 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 two 40 PERCHERON WAY sales from November 2008 and January 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 November 2008 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2017 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 40 PERCHERON WAY be worth now?

40 PERCHERON WAY might now be worth an estimated £388,819.

This is based on house price inflation of 29.6%, between January 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 29.6% inflationary increase is applied to the most recent sale price for 40 PERCHERON WAY of £300,000 on 24th January 2017. For the value to have increased from £300,000 to £388,819 over the six years and one month to December 2024, the following assumptions must hold true:

• The value of 40 PERCHERON WAY has moved in line with the HPI for detached houses in the Wychavon local authority area.
• The January 2017 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 40 PERCHERON WAY has not materially changed since January 2017.

How Large is 40 PERCHERON WAY?

40 PERCHERON WAY is 143m², which includes three extensions, according to the EPC inspection conducted in October 2016. This puts it in the largest 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 40 PERCHERON WAY lies on this distribution: 75% of detached houses houses are smaller than 40 PERCHERON WAY, and 24% of houses are larger. Note that EPC data is not available for all properties in Droitwich Spa.

40 PERCHERON WAY: Plot and Title Map

40 PERCHERON WAY sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 40 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 40 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 40 PERCHERON WAY?

40 PERCHERON WAY is located in DROITWICH, in the WR9 postcode district. The below map shows the position of No. 40 on PERCHERON WAY.