40, TEASEL WAY, CLAINES, WORCESTER, WR3 7LD - £575,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

40 TEASEL WAY is a large extended detached house of 159m², built sometime between 1996 and 2002. It was last sold for £575,000 in August 2022, which was around 18% above the average August 2022 detached price in the Wychavon local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

40 TEASEL WAY Sold Prices

Land registry data shows five sales for 40 TEASEL WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wychavon local authority area for the corresponding sale date. All of the five 40 TEASEL WAY sales 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
2022 26 AUG	£575,000	£488,414	18% above HPI
2014 14 JUN	£382,000	£320,570	19% above HPI
2009 11 SEP	£310,000	£292,774	6% above HPI
2003 18 DEC	£310,000	£257,091	21% above HPI
2001 21 SEP	£218,000	£178,232	22% above HPI

40 TEASEL 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 five 40 TEASEL WAY sales between September 2001 and August 2022 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 June 2014 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the August 2022 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 40 TEASEL WAY?

40 TEASEL WAY is 159m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 30% of detached houses in Fernhill Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Fernhill Heath, and where 40 TEASEL WAY lies on this distribution: 72% of detached houses are smaller than 40 TEASEL WAY, and 28% of houses are larger. Note that EPC data is not available for all properties in Fernhill Heath.

40 TEASEL WAY: Plot and Title Map

40 TEASEL WAY sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 40 TEASEL 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 TEASEL 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 TEASEL WAY?

40 TEASEL WAY is located in CLAINES, in the WR3 postcode district. The below map shows the position of No. 40 on TEASEL WAY.