6, CHESTNUT LANE, INKBERROW, WORCESTER, WR7 4ES - £385,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

6 CHESTNUT LANE is a small extended detached house of 113m², built sometime between 1967 and 1975. It was last sold for £385,000 in August 2019, which was around 3% below the average August 2019 detached price in the Wychavon local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

6 CHESTNUT LANE Sold Prices

Land registry data shows two sales for 6 CHESTNUT LANE 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 6 CHESTNUT LANE 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 21 AUG	£385,000	£395,870	3% below HPI
2012 27 JUL	£285,000	£297,189	4% below HPI

6 CHESTNUT LANE 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 6 CHESTNUT LANE sales from July 2012 and August 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 July 2012 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the August 2019 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 6 CHESTNUT LANE?

6 CHESTNUT LANE is 113m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the smallest 40% of detached houses in Inkberrow, based on EPC data. The below chart shows the distribution of detached houses by size in Inkberrow, and where 6 CHESTNUT LANE lies on this distribution: 36% of detached houses are smaller than 6 CHESTNUT LANE, and 64% of houses are larger. Note that EPC data is not available for all properties in Inkberrow.

6 CHESTNUT LANE: Plot and Title Map

6 CHESTNUT LANE sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 6 CHESTNUT LANE, 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 6 CHESTNUT LANE). 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 6 CHESTNUT LANE?

6 CHESTNUT LANE is located in INKBERROW, in the WR7 postcode district. The below map shows the position of No. 6 on CHESTNUT LANE.