8, INETT WAY, DROITWICH, WR9 0DN - £495,000

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

8 INETT WAY is a very large extended detached house of 164m², built sometime between 1983 and 1990. It was last sold for £495,000 in January 2021, which was around 20% above the average January 2021 detached price in the Wychavon local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

8 INETT WAY Sold Prices

Land registry data shows four sales for 8 INETT 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. All of the four 8 INETT WAY 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
2021 27 JAN	£495,000	£413,338	20% above HPI
2002 19 FEB	£235,000	£189,881	24% above HPI
2001 29 JUN	£218,000	£169,907	28% above HPI
1995 14 JUL	£169,950	£101,907	67% above HPI

8 INETT 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 8 INETT WAY sales between July 1995 and January 2021 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 February 2002 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the January 2021 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 8 INETT WAY?

8 INETT WAY is 164m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 20% of detached houses in Droitwich Spa, based on EPC data. The below chart shows the distribution of detached houses by size in Droitwich Spa, and where 8 INETT WAY lies on this distribution: 87% of detached houses are smaller than 8 INETT WAY, and 13% of houses are larger. Note that EPC data is not available for all properties in Droitwich Spa.

8 INETT WAY: Plot and Title Map

8 INETT WAY sits on a plot of roughly 0.196 of an acre, or 794m². The below map shows the location of 8 INETT 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 8 INETT 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 8 INETT WAY?

8 INETT WAY is located in DROITWICH, in the WR9 postcode district. The below map shows the position of No. 8 on INETT WAY.