18, FAIRWATER CLOSE, EVESHAM, WR11 1GF - £299,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 FAIRWATER CLOSE is a large extended detached house of 127m², built sometime between 1991 and 1995, which could now be worth an estimated £390,455. It was last sold for £299,950 in February 2018, which was around 19% below the average February 2018 detached price in the Wychavon local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

18 FAIRWATER CLOSE Sold Prices

Land registry data shows four sales for 18 FAIRWATER CLOSE 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 18 FAIRWATER CLOSE 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 FEB	£299,950	£372,288	19% below HPI
2007 11 JUN	£282,500	£315,050	10% below HPI
2000 24 FEB	£130,000	£145,245	10% below HPI
1997 22 AUG	£110,000	£113,933	3% below HPI

18 FAIRWATER CLOSE 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 18 FAIRWATER CLOSE sales between August 1997 and February 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 June 2007 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2018 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 18 FAIRWATER CLOSE be worth now?

18 FAIRWATER CLOSE might now be worth an estimated £390,455.

This is based on house price inflation of 30.2%, between February 2018 and April 2026, 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 30.2% inflationary increase is applied to the most recent sale price for 18 FAIRWATER CLOSE of £299,950 on 28th February 2018. For the value to have increased from £299,950 to £390,455 over the seven years and ten months to April 2026, the following assumptions must hold true:

• The value of 18 FAIRWATER CLOSE has moved in line with the HPI for detached houses in the Wychavon local authority area.
• The February 2018 sale price of £299,950 represented a fair market value for the property.
• The size, condition, and specification of 18 FAIRWATER CLOSE has not materially changed since February 2018.

How Large is 18 FAIRWATER CLOSE?

18 FAIRWATER CLOSE is 127m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the largest 40% of detached houses houses in Evesham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Evesham, and where 18 FAIRWATER CLOSE lies on this distribution: 66% of detached houses houses are smaller than 18 FAIRWATER CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Evesham.

18 FAIRWATER CLOSE: Plot and Title Map

18 FAIRWATER CLOSE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 18 FAIRWATER CLOSE, 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 18 FAIRWATER CLOSE). 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 18 FAIRWATER CLOSE?

18 FAIRWATER CLOSE is located in EVESHAM, in the WR11 postcode district. The below map shows the position of No. 18 on FAIRWATER CLOSE.