1, MAPIT PLACE, WORCESTER, WR4 0JL - £185,000

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.

1 MAPIT PLACE is a very small terraced house of 65m², built sometime between 1991 and 1995, which could now be worth an estimated £285,703. It was last sold for £185,000 in September 2014, which was around 24% above the average September 2014 terraced price in the Worcester local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

1 MAPIT PLACE Sold Prices

Land registry data shows four sales for 1 MAPIT PLACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Worcester local authority area for the corresponding sale date. All of the four 1 MAPIT PLACE 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
2014 12 SEP	£185,000	£149,494	24% above HPI
2012 7 SEP	£150,000	£139,715	7% above HPI
2011 9 JUN	£147,500	£137,078	8% above HPI
2003 1 MAY	£127,000	£102,326	24% above HPI

1 MAPIT PLACE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Worcester local authority area over time, sourced from the HPI. The four 1 MAPIT PLACE sales between May 2003 and September 2014 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 September 2012 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the September 2014 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 1 MAPIT PLACE be worth now?

1 MAPIT PLACE might now be worth an estimated £285,703.

This is based on house price inflation of 54.4%, between September 2014 and April 2026, for terraced houses, in the Worcester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 54.4% inflationary increase is applied to the most recent sale price for 1 MAPIT PLACE of £185,000 on 12th September 2014. For the value to have increased from £185,000 to £285,703 over the twelve years and five months to April 2026, the following assumptions must hold true:

• The value of 1 MAPIT PLACE has moved in line with the HPI for terraced houses in the Worcester local authority area.
• The September 2014 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MAPIT PLACE has not materially changed since September 2014.

How Large is 1 MAPIT PLACE?

1 MAPIT PLACE is 65m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of terraced houses houses in Worcester, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Worcester, and where 1 MAPIT PLACE lies on this distribution: 4% of terraced houses houses are smaller than 1 MAPIT PLACE, and 96% of houses are larger. Note that EPC data is not available for all properties in Worcester.

1 MAPIT PLACE: Plot and Title Map

1 MAPIT PLACE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 1 MAPIT PLACE, 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 1 MAPIT PLACE). 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 1 MAPIT PLACE?

1 MAPIT PLACE is located in WORCESTER, in the WR4 postcode district. The below map shows the position of No. 1 on MAPIT PLACE.