7, DRAKES LEA, EVESHAM, WR11 3BJ - £222,500

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

7 DRAKES LEA is a very small detached house of 85m², built sometime between 1976 and 1982. It was last sold for £222,500 in April 2018, which was around 44% below the average April 2018 detached price in the Wychavon local authority area. The most recent EPC inspection was July 2024, where the current energy rating was D, and the potential energy rating was B.

7 DRAKES LEA Sold Prices

Land registry data shows five sales for 7 DRAKES LEA since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wychavon local authority area for the corresponding sale date. All of the five 7 DRAKES LEA 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
2018 13 APR	£222,500	£395,127	44% below HPI
2014 19 NOV	£200,000	£330,128	39% below HPI
2007 3 AUG	£177,500	£324,943	45% below HPI
1998 28 MAY	£74,000	£121,605	39% below HPI
1996 29 APR	£66,500	£102,040	35% below HPI

7 DRAKES LEA 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 five 7 DRAKES LEA sales between April 1996 and April 2018 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 November 2014 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the April 2018 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 7 DRAKES LEA?

7 DRAKES LEA is 85m² according to the EPC inspection conducted in July 2024. This puts it in the smallest 20% of detached houses in Evesham, based on EPC data. The below chart shows the distribution of detached houses by size in Evesham, and where 7 DRAKES LEA lies on this distribution: 17% of detached houses are smaller than 7 DRAKES LEA, and 81% of houses are larger. Note that EPC data is not available for all properties in Evesham.

7 DRAKES LEA: Plot and Title Map

7 DRAKES LEA sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 7 DRAKES LEA, 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 7 DRAKES LEA). 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 7 DRAKES LEA?

7 DRAKES LEA is located in EVESHAM, in the WR11 postcode district. The below map shows the position of No. 7 on DRAKES LEA.