DRAKES LEA, WORCESTER ROAD, DRAKES BROUGHTON, PERSHORE, WR10 2AG - £318,500

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

DRAKES LEA is a small detached house of 102m². It was last sold for £318,500 in May 2023, which was around 30% below the average May 2023 detached price in the Wychavon local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was C.

DRAKES LEA Sold Prices

Land registry data shows two sales for DRAKES LEA 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 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
2023 15 MAY	£318,500	£455,823	30% below HPI
2017 23 JUN	£212,000	£370,944	43% below HPI

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 two DRAKES LEA sales from June 2017 and May 2023 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 2017 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the May 2023 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is DRAKES LEA?

DRAKES LEA is 102m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 40% of detached houses in Drakes Broughton, based on EPC data. The below chart shows the distribution of detached houses by size in Drakes Broughton, and where DRAKES LEA lies on this distribution: 34% of detached houses are smaller than DRAKES LEA, and 66% of houses are larger. Note that EPC data is not available for all properties in Drakes Broughton.

DRAKES LEA: Plot and Title Map

DRAKES LEA sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 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 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 DRAKES LEA?

DRAKES LEA is located on WORCESTER ROAD in DRAKES BROUGHTON, in the WR10 postcode district. The below map shows the position of DRAKES LEA on WORCESTER ROAD.