THE CHESTNUTS, DANES GREEN, CLAINES, WORCESTER, WR3 7RU - £735,000

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

THE CHESTNUTS is a very large detached house of 217m², built sometime between 2003 and 2006. It was last sold for £735,000 in December 2023, which was around 50% above the average December 2023 detached price in the Wychavon local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was C.

THE CHESTNUTS Sold Prices

Land registry data shows three sales for THE CHESTNUTS 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 THE CHESTNUTS sales were for above 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
2023 14 DEC	£735,000	£489,135	50% above HPI
2014 30 MAY	£550,000	£318,956	72% above HPI
2007 2 NOV	£470,000	£334,093	41% above HPI

THE CHESTNUTS 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 THE CHESTNUTS sales between November 2007 and December 2023 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 May 2014 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the December 2023 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is THE CHESTNUTS?

THE CHESTNUTS is 217m² according to the EPC inspection conducted in March 2023. This puts it in the largest 10% of detached houses in Fernhill Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Fernhill Heath, and where THE CHESTNUTS lies on this distribution: 93% of detached houses are smaller than THE CHESTNUTS, and 7% of houses are larger. Note that EPC data is not available for all properties in Fernhill Heath.

THE CHESTNUTS: Plot and Title Map

THE CHESTNUTS sits on a plot of roughly 0.570 of an acre, or 2,307m². The below map shows the location of THE CHESTNUTS, 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 THE CHESTNUTS). 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 THE CHESTNUTS?

THE CHESTNUTS is located on DANES GREEN in CLAINES, in the WR3 postcode district. The below map shows the position of THE CHESTNUTS on DANES GREEN.