THE LAURELS, CHEQUERS LANE, WYCHBOLD, DROITWICH, WR9 7PH - £305,000

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

THE LAURELS is a midsized extended detached house of 124m², built sometime between 1930 and 1949. It was last sold for £305,000 in March 2018, which was around 21% below the average March 2018 detached price in the Wychavon local authority area. The most recent EPC inspection was January 2015, where the current energy rating was F, and the potential energy rating was C.

THE LAURELS Sold Prices

Land registry data shows three sales for THE LAURELS 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 LAURELS 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 28 MAR	£305,000	£387,695	21% below HPI
2014 2 JAN	£250,000	£308,757	19% below HPI
2012 16 MAY	£249,500	£297,463	16% below HPI

THE LAURELS 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 LAURELS sales between May 2012 and March 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 January 2014 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2018 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is THE LAURELS?

THE LAURELS is 124m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 50% of detached houses in Wychbold, based on EPC data. The below chart shows the distribution of detached houses by size in Wychbold, and where THE LAURELS lies on this distribution: 45% of detached houses are smaller than THE LAURELS, and 54% of houses are larger. Note that EPC data is not available for all properties in Wychbold.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of THE LAURELS, 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 LAURELS). 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 LAURELS?

THE LAURELS is located on CHEQUERS LANE in WYCHBOLD, in the WR9 postcode district. The below map shows the position of THE LAURELS on CHEQUERS LANE.