54, MONARCH DRIVE, WORCESTER, WR2 6ES - £180,000

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

54 MONARCH DRIVE is a small extended detached house of 90m², built sometime between 1967 and 1975. It was last sold for £180,000 in August 2012, which was around 31% below the average August 2012 detached price in the Worcester local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was C.

54 MONARCH DRIVE Sold Prices

Land registry data shows two sales for 54 MONARCH DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Worcester local authority area for the corresponding sale date. Both of the two 54 MONARCH DRIVE 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
2012 29 AUG	£180,000	£262,186	31% below HPI
2007 25 MAY	£220,000	£280,667	22% below HPI

54 MONARCH DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Worcester local authority area over time, sourced from the HPI. The two 54 MONARCH DRIVE sales from May 2007 and August 2012 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 2007 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2012 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 54 MONARCH DRIVE?

54 MONARCH DRIVE is 90m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the smallest 30% of detached houses in Worcester, based on EPC data. The below chart shows the distribution of detached houses by size in Worcester, and where 54 MONARCH DRIVE lies on this distribution: 25% of detached houses are smaller than 54 MONARCH DRIVE, and 74% of houses are larger. Note that EPC data is not available for all properties in Worcester.

54 MONARCH DRIVE: Plot and Title Map

54 MONARCH DRIVE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 54 MONARCH 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 54 MONARCH 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 54 MONARCH DRIVE?

54 MONARCH DRIVE is located in WORCESTER, in the WR2 postcode district. The below map shows the position of No. 54 on MONARCH DRIVE.