8, DRAKES LEA, EVESHAM, WR11 3BJ - £171,000

8 DRAKES LEA is a very small detached house of 83m², built sometime between 1967 and 1975. It was last sold for £171,000 in November 2012, which was around 45% below the average November 2012 detached price in the Wychavon local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

8 DRAKES LEA Sold Prices

Land registry data shows three sales for 8 DRAKES LEA 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 8 DRAKES LEA 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
2012 2 NOV	£171,000	£310,256	45% below HPI
2002 31 JAN	£112,000	£187,817	40% below HPI
1999 17 SEP	£82,500	£136,182	39% below HPI

8 DRAKES LEA 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 8 DRAKES LEA sales between September 1999 and November 2012 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 January 2002 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2012 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 8 DRAKES LEA?

8 DRAKES LEA is 83m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 20% of detached houses in Evesham, based on EPC data. The below chart shows the distribution of detached houses by size in Evesham, and where 8 DRAKES LEA lies on this distribution: 15% of detached houses are smaller than 8 DRAKES LEA, and 84% of houses are larger. Note that EPC data is not available for all properties in Evesham.

8 DRAKES LEA: Plot and Title Map

8 DRAKES LEA sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 8 DRAKES LEA, 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 8 DRAKES LEA). 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 8 DRAKES LEA?

8 DRAKES LEA is located in EVESHAM, in the WR11 postcode district. The below map shows the position of No. 8 on DRAKES LEA.