3, READES PIECE, HONEYBOURNE, EVESHAM, WR11 7GA - £400,000

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.

3 READES PIECE is a small detached house of 113m², built sometime between 1996 and 2002, which could now be worth an estimated £497,714. It was last sold for £400,000 in September 2017, which was around 8% above the average September 2017 detached price in the Wychavon local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

3 READES PIECE Sold Prices

Land registry data shows three sales for 3 READES PIECE 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 3 READES PIECE 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
2017 15 SEP	£400,000	£370,170	8% above HPI
1998 29 JUN	£167,000	£120,474	39% above HPI
1995 8 DEC	£144,950	£100,864	44% above HPI

3 READES PIECE 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 3 READES PIECE sales between December 1995 and September 2017 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 1998 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the September 2017 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 3 READES PIECE be worth now?

3 READES PIECE might now be worth an estimated £497,714.

This is based on house price inflation of 24.4%, between September 2017 and June 2025, 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 24.4% inflationary increase is applied to the most recent sale price for 3 READES PIECE of £400,000 on 15th September 2017. For the value to have increased from £400,000 to £497,714 over the eight years and three months to June 2025, the following assumptions must hold true:

• The value of 3 READES PIECE has moved in line with the HPI for detached houses in the Wychavon local authority area.
• The September 2017 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 3 READES PIECE has not materially changed since September 2017.

How Large is 3 READES PIECE?

3 READES PIECE is 113m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 40% of detached houses houses in Honeybourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Honeybourne, and where 3 READES PIECE lies on this distribution: 37% of detached houses houses are smaller than 3 READES PIECE, and 63% of houses are larger. Note that EPC data is not available for all properties in Honeybourne.

3 READES PIECE: Plot and Title Map

3 READES PIECE sits on a plot of roughly 0.140 of an acre, or 565m². The below map shows the location of 3 READES PIECE, 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 3 READES PIECE). 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 3 READES PIECE?

3 READES PIECE is located in HONEYBOURNE, in the WR11 postcode district. The below map shows the position of No. 3 on READES PIECE.