KALMIA, WALCOT LANE, DRAKES BROUGHTON, PERSHORE, WR10 2AJ - £257,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

KALMIA is a very large detached house of 191m², built sometime between 1967 and 1975. It was last sold for £257,000 in April 2016, which was around 27% below the average April 2016 detached price in the Wychavon local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was A.

KALMIA Sold Prices

Land registry data shows three sales for KALMIA 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 KALMIA 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
2016 15 APR	£257,000	£353,509	27% below HPI
2003 3 SEP	£235,000	£250,836	6% below HPI
1997 2 MAY	£80,000	£112,392	29% below HPI

KALMIA 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 KALMIA sales between May 1997 and April 2016 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 2003 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the April 2016 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is KALMIA?

KALMIA is 191m² according to the EPC inspection conducted in September 2015. This puts it in the largest 20% 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 KALMIA lies on this distribution: 88% of detached houses are smaller than KALMIA, and 12% of houses are larger. Note that EPC data is not available for all properties in Drakes Broughton.

KALMIA: Plot and Title Map

KALMIA sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of KALMIA, 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 KALMIA). 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 KALMIA?

KALMIA is located on WALCOT LANE in DRAKES BROUGHTON, in the WR10 postcode district. The below map shows the position of KALMIA on WALCOT LANE.