SUMMER PLACE, BLACKSMITHS LANE, CROPTHORNE, PERSHORE, WR10 3LX - £495,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

SUMMER PLACE is a very small detached house of 90m², built sometime between 1983 and 1990. It was last sold for £495,000 in July 2022, which was around 2% above the average July 2022 detached price in the Wychavon local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

SUMMER PLACE Sold Prices

Land registry data shows three sales for SUMMER PLACE 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. Two of the three SUMMER PLACE sales were for above the average price, whilst one was 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
2022 29 JUL	£495,000	£486,414	2% above HPI
2021 29 APR	£370,000	£418,815	12% below HPI
1995 25 MAY	£106,000	£96,611	10% above HPI

SUMMER PLACE 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 SUMMER PLACE sales between May 1995 and July 2022 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 April 2021 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the July 2022 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is SUMMER PLACE?

SUMMER PLACE is 90m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of detached houses in Cropthorne, based on EPC data. The below chart shows the distribution of detached houses by size in Cropthorne, and where SUMMER PLACE lies on this distribution: 5% of detached houses are smaller than SUMMER PLACE, and 95% of houses are larger. Note that EPC data is not available for all properties in Cropthorne.

SUMMER PLACE: Plot and Title Map

SUMMER PLACE sits on a plot of roughly 0.216 of an acre, or 875m². The below map shows the location of SUMMER PLACE, 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 SUMMER PLACE). 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 SUMMER PLACE?

SUMMER PLACE is located on BLACKSMITHS LANE in CROPTHORNE, in the WR10 postcode district. The below map shows the position of SUMMER PLACE on BLACKSMITHS LANE.