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

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.

TREES is a very small detached house of 55m², built sometime between 1983 and 1990, which could now be worth an estimated £298,863. It was last sold for £255,000 in January 2021, which was around 37% 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	£406,686	37% below HPI
2018 5 MAR	£205,000	£381,456	46% below HPI
2002 21 OCT	£122,000	£212,410	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 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the January 2021 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might TREES be worth now?

TREES might now be worth an estimated £298,863.

This is based on house price inflation of 17.2%, between January 2021 and March 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 17.2% inflationary increase is applied to the most recent sale price for TREES of £255,000 on 5th January 2021. For the value to have increased from £255,000 to £298,863 over the three years and ten months to March 2025, the following assumptions must hold true:

• The value of TREES has moved in line with the HPI for detached houses in the Wychavon local authority area.
• The January 2021 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of TREES has not materially changed since January 2021.

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 houses in Pershore, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pershore, and where TREES lies on this distribution: 1% of detached houses 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.