PEAR TREE COTTAGE, WORCESTER ROAD, DRAKES BROUGHTON, PERSHORE, WR10 2AQ - £246,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

PEAR TREE COTTAGE is a very small extended detached house of 83m², built sometime before 1900. It was last sold for £246,000 in November 2018, which was around 40% below the average November 2018 detached price in the Wychavon local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

PEAR TREE COTTAGE Sold Prices

Land registry data shows three sales for PEAR TREE 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 PEAR TREE 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
2018 9 NOV	£246,000	£408,173	40% below HPI
2005 2 SEP	£180,000	£295,119	39% below HPI
2003 28 NOV	£155,000	£254,930	39% below HPI

PEAR TREE 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 PEAR TREE COTTAGE sales between November 2003 and November 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 September 2005 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the November 2018 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is PEAR TREE COTTAGE?

PEAR TREE COTTAGE is 83m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the smallest 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 PEAR TREE COTTAGE lies on this distribution: 17% of detached houses are smaller than PEAR TREE COTTAGE, and 82% of houses are larger. Note that EPC data is not available for all properties in Drakes Broughton.

PEAR TREE COTTAGE: Plot and Title Map

PEAR TREE COTTAGE sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of PEAR TREE 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 PEAR TREE 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 PEAR TREE COTTAGE?

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