5, ESSEX DRIVE, FERNHILL HEATH, WORCESTER, WR3 7UU - £1,191,255

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.

5 ESSEX DRIVE is a very large extended detached house of 592m², built sometime between 1996 and 2002, which could now be worth an estimated £1,354,700. It was last sold for £1,191,255 in March 2021, which was around 191% above the average March 2021 detached price in the Wychavon local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was C.

5 ESSEX DRIVE Sold Prices

Land registry data shows three sales for 5 ESSEX DRIVE 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 5 ESSEX DRIVE 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
2021 22 MAR	£1,191,255	£409,879	191% above HPI
2006 29 DEC	£975,000	£301,673	223% above HPI
2003 30 MAY	£645,000	£230,891	179% above HPI

5 ESSEX DRIVE 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 5 ESSEX DRIVE sales between May 2003 and March 2021 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 December 2006 sale was for 223% above the HPI. So the extrapolation line tracks at 223% above the HPI over time, until the March 2021 sale, where it falls to 191% above the HPI. The line then continues to track at 191% above the HPI.

What might 5 ESSEX DRIVE be worth now?

5 ESSEX DRIVE might now be worth an estimated £1,354,700.

This is based on house price inflation of 13.7%, between March 2021 and February 2025, 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 13.7% inflationary increase is applied to the most recent sale price for 5 ESSEX DRIVE of £1,191,255 on 22nd March 2021. For the value to have increased from £1,191,255 to £1,354,700 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 5 ESSEX DRIVE has moved in line with the HPI for detached houses in the Wychavon local authority area.
• The March 2021 sale price of £1,191,255 represented a fair market value for the property.
• The size, condition, and specification of 5 ESSEX DRIVE has not materially changed since March 2021.

How Large is 5 ESSEX DRIVE?

5 ESSEX DRIVE is 592m², which includes two extensions, according to the EPC inspection conducted in May 2018. This puts it in the largest 10% of detached houses houses in Fernhill Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fernhill Heath, and where 5 ESSEX DRIVE lies on this distribution: More than 99% of detached houses houses are smaller than 5 ESSEX DRIVE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Fernhill Heath.

5 ESSEX DRIVE: Plot and Title Map

5 ESSEX DRIVE sits on a plot of roughly 0.306 of an acre, or 1,237m². The below map shows the location of 5 ESSEX DRIVE, 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 5 ESSEX DRIVE). 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 5 ESSEX DRIVE?

5 ESSEX DRIVE is located in FERNHILL HEATH, in the WR3 postcode district. The below map shows the position of No. 5 on ESSEX DRIVE.