THE OAKS, BRANSFORD ROAD, RUSHWICK, WORCESTER, WR2 5TA - £275,000

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 OAKS is a small detached house of 96m². It was last sold for £275,000 in July 2019, which was around 28% below the average July 2019 detached price in the Malvern Hills local authority area. The most recent EPC inspection was October 2016, where the current energy rating was B, and the potential energy rating was A.

THE OAKS Sold Prices

Land registry data shows two sales for THE OAKS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Malvern Hills local authority area for the corresponding sale date. Both of the two THE OAKS 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
2019 12 JUL	£275,000	£380,357	28% below HPI
2016 9 DEC	£275,000	£338,407	19% below HPI

THE OAKS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Malvern Hills local authority area over time, sourced from the HPI. The two THE OAKS sales from December 2016 and July 2019 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 December 2016 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2019 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is THE OAKS?

THE OAKS is 96m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 30% of detached houses in Rushwick, based on EPC data. The below chart shows the distribution of detached houses by size in Rushwick, and where THE OAKS lies on this distribution: 27% of detached houses are smaller than THE OAKS, and 71% of houses are larger. Note that EPC data is not available for all properties in Rushwick.

THE OAKS: Plot and Title Map

THE OAKS sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of THE OAKS, 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 OAKS). 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 OAKS?

THE OAKS is located on BRANSFORD ROAD in RUSHWICK, in the WR2 postcode district. The below map shows the position of THE OAKS on BRANSFORD ROAD.