IVY COTTAGE, WORCESTER ROAD, DRAKES BROUGHTON, PERSHORE, WR10 2AQ - £285,000

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.

IVY COTTAGE is a midsized detached house of 120m², built sometime between 1967 and 1975, which could now be worth an estimated £408,981. It was last sold for £285,000 in November 2014, which was around 12% below the average November 2014 detached price in the Wychavon local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was D.

IVY COTTAGE Sold Prices

Land registry data shows three sales for IVY COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wychavon local authority area for the corresponding sale date. All of the three IVY 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
2014 19 NOV	£285,000	£324,815	12% below HPI
2010 15 DEC	£248,750	£301,575	18% below HPI
2009 30 NOV	£211,000	£284,285	26% below HPI

IVY 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 three IVY COTTAGE sales between November 2009 and November 2014 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 December 2010 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2014 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might IVY COTTAGE be worth now?

IVY COTTAGE might now be worth an estimated £408,981.

This is based on house price inflation of 43.5%, between November 2014 and February 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 43.5% inflationary increase is applied to the most recent sale price for IVY COTTAGE of £285,000 on 19th November 2014. For the value to have increased from £285,000 to £408,981 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of IVY COTTAGE has moved in line with the HPI for detached houses in the Wychavon local authority area.
• The November 2014 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of IVY COTTAGE has not materially changed since November 2014.

How Large is IVY COTTAGE?

IVY COTTAGE is 120m² according to the EPC inspection conducted in May 2010. This puts it in the largest 50% of detached houses houses in Drakes Broughton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Drakes Broughton, and where IVY COTTAGE lies on this distribution: 51% of detached houses houses are smaller than IVY COTTAGE, and 49% of houses are larger. Note that EPC data is not available for all properties in Drakes Broughton.

IVY COTTAGE: Plot and Title Map

IVY COTTAGE sits on a plot of roughly 0.129 of an acre, or 524m². The below map shows the location of IVY 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 IVY 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 IVY COTTAGE?

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