OLD CYCLE HOUSE, TERRACE ROAD, PINVIN, PERSHORE, WR10 2DW - £265,000

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.

OLD CYCLE HOUSE is a midsized detached house of 151m², built sometime between 1996 and 2002, which could now be worth an estimated £316,487. It was last sold for £265,000 in August 2018, which was around 32% below the average August 2018 detached price in the Wychavon local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.

OLD CYCLE HOUSE Sold Prices

Land registry data shows two sales for OLD CYCLE HOUSE 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 OLD CYCLE HOUSE 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
2018 20 AUG	£265,000	£390,287	32% below HPI
2007 1 OCT	£247,000	£328,193	25% below HPI

OLD CYCLE HOUSE 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 OLD CYCLE HOUSE sales from October 2007 and August 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 October 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2018 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might OLD CYCLE HOUSE be worth now?

OLD CYCLE HOUSE might now be worth an estimated £316,487.

This is based on house price inflation of 19.4%, between August 2018 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 19.4% inflationary increase is applied to the most recent sale price for OLD CYCLE HOUSE of £265,000 on 20th August 2018. For the value to have increased from £265,000 to £316,487 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of OLD CYCLE HOUSE has moved in line with the HPI for detached houses in the Wychavon local authority area.
• The August 2018 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of OLD CYCLE HOUSE has not materially changed since August 2018.

How Large is OLD CYCLE HOUSE?

OLD CYCLE HOUSE is 151m² according to the EPC inspection conducted in February 2017. This puts it in the largest 50% of detached houses houses in Pinvin, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pinvin, and where OLD CYCLE HOUSE lies on this distribution: 60% of detached houses houses are smaller than OLD CYCLE HOUSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Pinvin.

OLD CYCLE HOUSE: Plot and Title Map

OLD CYCLE HOUSE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of OLD CYCLE HOUSE, 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 OLD CYCLE HOUSE). 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 OLD CYCLE HOUSE?

OLD CYCLE HOUSE is located on TERRACE ROAD in PINVIN, in the WR10 postcode district. The below map shows the position of OLD CYCLE HOUSE on TERRACE ROAD.