TREES, NEW ROAD, PERSHORE, WR10 1BY - £255,000

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

TREES is a very small detached house of 55m², built sometime between 1983 and 1990. It was last sold for £255,000 in January 2021, which was around 38% below the average January 2021 detached price in the Wychavon local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

TREES Sold Prices

Land registry data shows three sales for TREES 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 TREES 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
2021 5 JAN	£255,000	£413,338	38% below HPI
2018 5 MAR	£205,000	£387,695	47% below HPI
2002 21 OCT	£122,000	£215,884	43% below HPI

TREES 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 TREES sales between October 2002 and January 2021 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 2018 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the January 2021 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is TREES?

TREES is 55m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 10% of detached houses in Pershore, based on EPC data. The below chart shows the distribution of detached houses by size in Pershore, and where TREES lies on this distribution: 1% of detached houses are smaller than TREES, and 99% of houses are larger. Note that EPC data is not available for all properties in Pershore.

TREES: Plot and Title Map

TREES sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of TREES, 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 TREES). 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 TREES?

TREES is located on NEW ROAD in PERSHORE, in the WR10 postcode district. The below map shows the position of TREES on NEW ROAD.