THE HEDGEROW, CHESTNUT CLOSE, FERNHILL HEATH, WORCESTER, WR3 7SZ - £583,000

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 HEDGEROW is a very large extended detached house of 185m², built sometime between 1996 and 2002. It was last sold for £583,000 in November 2020, which was around 42% above the average November 2020 detached price in the Wychavon local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was C.

THE HEDGEROW Sold Prices

Land registry data shows four sales for THE HEDGEROW since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wychavon local authority area for the corresponding sale date. All of the four THE HEDGEROW 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
2020 20 NOV	£583,000	£411,284	42% above HPI
2010 9 JUN	£410,000	£292,534	40% above HPI
2001 18 JUN	£250,000	£169,907	47% above HPI
1999 6 AUG	£220,000	£134,137	64% above HPI

THE HEDGEROW 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 four THE HEDGEROW sales between August 1999 and November 2020 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 June 2010 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the November 2020 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is THE HEDGEROW?

THE HEDGEROW is 185m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the largest 20% 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 HEDGEROW lies on this distribution: 83% of detached houses are smaller than THE HEDGEROW, and 17% of houses are larger. Note that EPC data is not available for all properties in Fernhill Heath.

THE HEDGEROW: Plot and Title Map

THE HEDGEROW sits on a plot of roughly 0.134 of an acre, or 543m². The below map shows the location of THE HEDGEROW, 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 HEDGEROW). 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 HEDGEROW?

THE HEDGEROW is located on CHESTNUT CLOSE in FERNHILL HEATH, in the WR3 postcode district. The below map shows the position of THE HEDGEROW on CHESTNUT CLOSE.