THE LAURELS, MILL ROAD, OFFENHAM, EVESHAM, WR11 8RF - £420,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE LAURELS is a large detached house of 128m², which could now be worth an estimated £410,288. It was last sold for £420,000 in October 2024, which was around 14% below the average October 2024 detached price in the Wychavon local authority area. The most recent EPC inspection was December 2019, where the current energy rating was B, and the potential energy rating was B.

THE LAURELS Sold Prices

Land registry data shows two sales for THE LAURELS 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 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
2024 3 OCT	£420,000	£486,362	14% below HPI
2021 12 MAY	£372,500	£415,722	10% 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 two THE LAURELS sales from May 2021 and October 2024 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 2021 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2024 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might THE LAURELS be worth now?

THE LAURELS might now be worth an estimated £410,288.

This is based on house price deflation of 2.3%, between October 2024 and December 2024, 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 2.3% deflationary decrease is applied to the most recent sale price for THE LAURELS of £420,000 on 3rd October 2024. For the value to have decreased from £420,000 to £410,288 over the ten months to December 2024, the following assumptions must hold true:

• The value of THE LAURELS has moved in line with the HPI for detached houses in the Wychavon local authority area.
• The October 2024 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of THE LAURELS has not materially changed since October 2024.

How Large is THE LAURELS?

THE LAURELS is 128m² according to the EPC inspection conducted in December 2019. This puts it in the largest 40% of detached houses houses in Offenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Offenham, and where THE LAURELS lies on this distribution: 64% of detached houses houses are smaller than THE LAURELS, and 36% of houses are larger. Note that EPC data is not available for all properties in Offenham.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.089 of an acre, or 359m². 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 MILL ROAD in OFFENHAM, in the WR11 postcode district. The below map shows the position of THE LAURELS on MILL ROAD.