SHEPWAY, WALCOT LANE, DRAKES BROUGHTON, PERSHORE, WR10 2AJ - £270,750

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.

SHEPWAY is a small detached house of 97m², built sometime between 1976 and 1982, which could now be worth an estimated £341,945. It was last sold for £270,750 in August 2017, which was around 27% below the average August 2017 detached price in the Wychavon local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

SHEPWAY Sold Prices

Land registry data shows two sales for SHEPWAY 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 SHEPWAY 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
2017 9 AUG	£270,750	£369,068	27% below HPI
2000 13 DEC	£125,500	£156,114	20% below HPI

SHEPWAY 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 SHEPWAY sales from December 2000 and August 2017 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 2000 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2017 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might SHEPWAY be worth now?

SHEPWAY might now be worth an estimated £341,945.

This is based on house price inflation of 26.3%, between August 2017 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 26.3% inflationary increase is applied to the most recent sale price for SHEPWAY of £270,750 on 9th August 2017. For the value to have increased from £270,750 to £341,945 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of SHEPWAY has moved in line with the HPI for detached houses in the Wychavon local authority area.
• The August 2017 sale price of £270,750 represented a fair market value for the property.
• The size, condition, and specification of SHEPWAY has not materially changed since August 2017.

How Large is SHEPWAY?

SHEPWAY is 97m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 30% 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 SHEPWAY lies on this distribution: 29% of detached houses houses are smaller than SHEPWAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Drakes Broughton.

SHEPWAY: Plot and Title Map

SHEPWAY sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of SHEPWAY, 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 SHEPWAY). 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 SHEPWAY?

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