THREE GABLES, NORCHARD LANE, PEOPLETON, PERSHORE, WR10 2ED - £525,000

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

THREE GABLES is a very large extended detached house of 187m², built sometime between 1950 and 1966. It was last sold for £525,000 in August 2023, which was around 5% above the average August 2023 detached price in the Wychavon local authority area. The most recent EPC inspection was May 2022, where the current energy rating was E, and the potential energy rating was C.

THREE GABLES Sold Prices

Land registry data shows four sales for THREE GABLES 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 THREE GABLES 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 30 AUG	£525,000	£498,551	5% above HPI
2006 20 MAR	£335,000	£296,696	13% above HPI
2001 25 MAY	£235,000	£169,657	39% above HPI
1996 27 MAR	£106,000	£104,681	1% above HPI

THREE GABLES 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 THREE GABLES sales between March 1996 and August 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 March 2006 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the August 2023 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is THREE GABLES?

THREE GABLES is 187m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 20% of detached houses in Peopleton, based on EPC data. The below chart shows the distribution of detached houses by size in Peopleton, and where THREE GABLES lies on this distribution: 87% of detached houses are smaller than THREE GABLES, and 13% of houses are larger. Note that EPC data is not available for all properties in Peopleton.

THREE GABLES: Plot and Title Map

THREE GABLES sits on a plot of roughly 0.226 of an acre, or 914m². The below map shows the location of THREE GABLES, 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 THREE GABLES). 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 THREE GABLES?

THREE GABLES is located on NORCHARD LANE in PEOPLETON, in the WR10 postcode district. The below map shows the position of THREE GABLES on NORCHARD LANE.