1, PICKERING GREEN, WORCESTER, WR4 0LB - £229,500

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 PICKERING GREEN is a very small detached house of 74m², built sometime between 1991 and 1995, which could now be worth an estimated £336,925. It was last sold for £229,500 in October 2014, which was around 17% below the average October 2014 detached price in the Worcester local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

1 PICKERING GREEN Sold Prices

Land registry data shows four sales for 1 PICKERING GREEN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Worcester local authority area for the corresponding sale date. Most of the four 1 PICKERING GREEN 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
2014 17 OCT	£229,500	£275,403	17% below HPI
2007 10 AUG	£229,950	£272,925	16% below HPI
1996 16 DEC	£81,500	£85,320	4% below HPI
1995 29 SEP	£79,950	£78,941	1% above HPI

1 PICKERING GREEN 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 four 1 PICKERING GREEN sales between September 1995 and October 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 August 2007 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2014 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 1 PICKERING GREEN be worth now?

1 PICKERING GREEN might now be worth an estimated £336,925.

This is based on house price inflation of 46.8%, between October 2014 and March 2025, for detached 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 46.8% inflationary increase is applied to the most recent sale price for 1 PICKERING GREEN of £229,500 on 17th October 2014. For the value to have increased from £229,500 to £336,925 over the eleven years and seven months to March 2025, the following assumptions must hold true:

• The value of 1 PICKERING GREEN has moved in line with the HPI for detached houses in the Worcester local authority area.
• The October 2014 sale price of £229,500 represented a fair market value for the property.
• The size, condition, and specification of 1 PICKERING GREEN has not materially changed since October 2014.

How Large is 1 PICKERING GREEN?

1 PICKERING GREEN is 74m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% of detached houses houses in Worcester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Worcester, and where 1 PICKERING GREEN lies on this distribution: 8% of detached houses houses are smaller than 1 PICKERING GREEN, and 91% of houses are larger. Note that EPC data is not available for all properties in Worcester.

1 PICKERING GREEN: Plot and Title Map

1 PICKERING GREEN sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 1 PICKERING GREEN, 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 PICKERING GREEN). 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 PICKERING GREEN?

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