5, READES PIECE, HONEYBOURNE, EVESHAM, WR11 7GA - £345,000

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

5 READES PIECE is a midsized detached house of 137m², built sometime between 1996 and 2002, which could now be worth an estimated £569,207. It was last sold for £345,000 in May 2010, which was around 20% above the average May 2010 detached price in the Wychavon local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

5 READES PIECE Sold Prices

Land registry data shows three sales for 5 READES PIECE 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 READES PIECE 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
2010 14 MAY	£345,000	£287,970	20% above HPI
2001 30 MAY	£230,000	£166,926	38% above HPI
1996 5 JUN	£149,950	£97,936	53% above HPI

5 READES PIECE 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 READES PIECE sales between June 1996 and May 2010 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 May 2001 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the May 2010 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 5 READES PIECE be worth now?

5 READES PIECE might now be worth an estimated £569,207.

This is based on house price inflation of 65%, between May 2010 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 65% inflationary increase is applied to the most recent sale price for 5 READES PIECE of £345,000 on 14th May 2010. For the value to have increased from £345,000 to £569,207 over the thirteen years and five months to December 2024, the following assumptions must hold true:

• The value of 5 READES PIECE has moved in line with the HPI for detached houses in the Wychavon local authority area.
• The May 2010 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 5 READES PIECE has not materially changed since May 2010.

How Large is 5 READES PIECE?

5 READES PIECE is 137m² according to the EPC inspection conducted in April 2009. This puts it in the largest 50% of detached houses houses in Honeybourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Honeybourne, and where 5 READES PIECE lies on this distribution: 58% of detached houses houses are smaller than 5 READES PIECE, and 42% of houses are larger. Note that EPC data is not available for all properties in Honeybourne.

5 READES PIECE: Plot and Title Map

5 READES PIECE sits on a plot of roughly 0.179 of an acre, or 723m². The below map shows the location of 5 READES PIECE, 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 READES PIECE). 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 READES PIECE?

5 READES PIECE is located in HONEYBOURNE, in the WR11 postcode district. The below map shows the position of No. 5 on READES PIECE.