40, THE CLOSE, CLEEVE PRIOR, EVESHAM, WR11 8LF - £305,000

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 THE CLOSE is a small extended detached house of 114m², built sometime between 1983 and 1990. It was last sold for £305,000 in February 2019, which was around 24% below the average February 2019 detached price in the Wychavon local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

40 THE CLOSE Sold Prices

Land registry data shows two sales for 40 THE CLOSE 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 THE CLOSE 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
2019 1 FEB	£305,000	£399,696	24% below HPI
2016 29 APR	£275,000	£353,509	22% below HPI

40 THE CLOSE 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 THE CLOSE sales from April 2016 and February 2019 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 2016 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2019 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 40 THE CLOSE?

40 THE CLOSE is 114m², which includes two extensions, according to the EPC inspection conducted in January 2016. This puts it in the smallest 30% of detached houses in Cleeve Prior, based on EPC data. The below chart shows the distribution of detached houses by size in Cleeve Prior, and where 40 THE CLOSE lies on this distribution: 25% of detached houses are smaller than 40 THE CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Cleeve Prior.

40 THE CLOSE: Plot and Title Map

40 THE CLOSE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 40 THE 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 40 THE 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 40 THE CLOSE?

40 THE CLOSE is located in CLEEVE PRIOR, in the WR11 postcode district. The below map shows the position of No. 40 on THE CLOSE.