8, SHOWELL CLOSE, DROITWICH, WR9 8UQ - £500,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 SHOWELL CLOSE is a very large detached house of 198m², built sometime between 1983 and 1990, which could now be worth an estimated £640,150. It was last sold for £500,000 in February 2018, which was around 34% above the average February 2018 detached price in the Wychavon local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was C.

8 SHOWELL CLOSE Sold Prices

Land registry data shows four sales for 8 SHOWELL CLOSE 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 SHOWELL CLOSE 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
2018 20 FEB	£500,000	£372,288	34% above HPI
2007 25 MAY	£389,950	£315,272	24% above HPI
2004 9 DEC	£307,500	£283,968	8% above HPI
1998 2 JUN	£152,500	£120,474	27% above HPI

8 SHOWELL CLOSE 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 SHOWELL CLOSE sales between June 1998 and February 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 May 2007 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the February 2018 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 8 SHOWELL CLOSE be worth now?

8 SHOWELL CLOSE might now be worth an estimated £640,150.

This is based on house price inflation of 28%, between February 2018 and March 2025, for detached houses, in the Wychavon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28% inflationary increase is applied to the most recent sale price for 8 SHOWELL CLOSE of £500,000 on 20th February 2018. For the value to have increased from £500,000 to £640,150 over the six years and eleven months to March 2025, the following assumptions must hold true:

• The value of 8 SHOWELL CLOSE has moved in line with the HPI for detached houses in the Wychavon local authority area.
• The February 2018 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SHOWELL CLOSE has not materially changed since February 2018.

How Large is 8 SHOWELL CLOSE?

8 SHOWELL CLOSE is 198m² according to the EPC inspection conducted in November 2017. This puts it in the largest 10% of detached houses houses in Droitwich Spa, based on EPC data. The below chart shows the distribution of detached houses houses by size in Droitwich Spa, and where 8 SHOWELL CLOSE lies on this distribution: 95% of detached houses houses are smaller than 8 SHOWELL CLOSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Droitwich Spa.

8 SHOWELL CLOSE: Plot and Title Map

8 SHOWELL CLOSE sits on a plot of roughly 0.141 of an acre, or 572m². The below map shows the location of 8 SHOWELL CLOSE, 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 SHOWELL CLOSE). 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 SHOWELL CLOSE?

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