ELM COTTAGE, WORCESTER ROAD, WYCHBOLD, DROITWICH, WR9 7PE - £385,000

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

ELM COTTAGE is a large extended detached house of 135m², built sometime between 1991 and 1995. It was last sold for £385,000 in May 2023, which was around 16% below the average May 2023 detached price in the Wychavon local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was C.

ELM COTTAGE Sold Prices

Land registry data shows two sales for ELM COTTAGE 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 ELM COTTAGE 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 31 MAY	£385,000	£455,823	16% below HPI
2002 27 SEP	£210,000	£214,999	2% below HPI

ELM COTTAGE 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 ELM COTTAGE sales from September 2002 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 September 2002 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2023 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is ELM COTTAGE?

ELM COTTAGE is 135m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 40% of detached houses in Wychbold, based on EPC data. The below chart shows the distribution of detached houses by size in Wychbold, and where ELM COTTAGE lies on this distribution: 64% of detached houses are smaller than ELM COTTAGE, and 33% of houses are larger. Note that EPC data is not available for all properties in Wychbold.

ELM COTTAGE: Plot and Title Map

ELM COTTAGE sits on a plot of roughly 0.133 of an acre, or 537m². The below map shows the location of ELM COTTAGE, 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 ELM COTTAGE). 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 ELM COTTAGE?

ELM COTTAGE is located on WORCESTER ROAD in WYCHBOLD, in the WR9 postcode district. The below map shows the position of ELM COTTAGE on WORCESTER ROAD.