2, MONARCH DRIVE, WORCESTER, WR2 6EW - £227,000

2 MONARCH DRIVE is a very small detached house of 74m², built sometime between 1950 and 1966. It was last sold for £227,000 in July 2022, which was around 47% below the average July 2022 detached price in the Worcester local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

2 MONARCH DRIVE Sold Prices

Land registry data shows two sales for 2 MONARCH DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Worcester local authority area for the corresponding sale date. Both of the two 2 MONARCH DRIVE 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
2022 8 JUL	£227,000	£429,140	47% below HPI
2013 12 APR	£152,500	£259,960	41% below HPI

2 MONARCH DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Worcester local authority area over time, sourced from the HPI. The two 2 MONARCH DRIVE sales from April 2013 and July 2022 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 April 2013 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the July 2022 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 2 MONARCH DRIVE?

2 MONARCH DRIVE is 74m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 10% of detached houses in Worcester, based on EPC data. The below chart shows the distribution of detached houses by size in Worcester, and where 2 MONARCH DRIVE lies on this distribution: 8% of detached houses are smaller than 2 MONARCH DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Worcester.

2 MONARCH DRIVE: Plot and Title Map

2 MONARCH DRIVE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 2 MONARCH DRIVE, 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 2 MONARCH DRIVE). 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 2 MONARCH DRIVE?

2 MONARCH DRIVE is located in WORCESTER, in the WR2 postcode district. The below map shows the position of No. 2 on MONARCH DRIVE.