7, STEPHENSON WAY, HONEYBOURNE, EVESHAM, WR11 7GH - £318,000

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

7 STEPHENSON WAY is a midsized detached house of 136m², built sometime between 1996 and 2002. It was last sold for £318,000 in May 2015, which was around 4% below the average May 2015 detached price in the Wychavon local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

7 STEPHENSON WAY Sold Prices

Land registry data shows four sales for 7 STEPHENSON WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wychavon local authority area for the corresponding sale date. Most of the four 7 STEPHENSON WAY 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
2015 22 MAY	£318,000	£331,194	4% below HPI
2014 9 JUN	£290,000	£320,570	10% below HPI
2006 16 JAN	£249,500	£288,830	14% below HPI
1999 21 DEC	£236,000	£144,483	63% above HPI

7 STEPHENSON WAY 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 four 7 STEPHENSON WAY sales between December 1999 and May 2015 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 June 2014 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2015 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 7 STEPHENSON WAY?

7 STEPHENSON WAY is 136m² according to the EPC inspection conducted in September 2011. This puts it in the largest 50% of detached houses in Honeybourne, based on EPC data. The below chart shows the distribution of detached houses by size in Honeybourne, and where 7 STEPHENSON WAY lies on this distribution: 55% of detached houses are smaller than 7 STEPHENSON WAY, and 45% of houses are larger. Note that EPC data is not available for all properties in Honeybourne.

7 STEPHENSON WAY: Plot and Title Map

7 STEPHENSON WAY sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of 7 STEPHENSON WAY, 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 STEPHENSON WAY). 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 STEPHENSON WAY?

7 STEPHENSON WAY is located in HONEYBOURNE, in the WR11 postcode district. The below map shows the position of No. 7 on STEPHENSON WAY.