116, SPETCHLEY ROAD, WORCESTER, WR5 2LX - £480,000

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.

116 SPETCHLEY ROAD is a very large extended detached house of 147m², built sometime before 1900, which could now be worth an estimated £572,038. It was last sold for £480,000 in March 2020, which was around 41% above the average March 2020 detached price in the Worcester local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

116 SPETCHLEY ROAD Sold Prices

Land registry data shows three sales for 116 SPETCHLEY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Worcester local authority area for the corresponding sale date. All of the three 116 SPETCHLEY ROAD 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
2020 6 MAR	£480,000	£339,262	41% above HPI
2004 5 APR	£287,500	£226,887	27% above HPI
1996 29 FEB	£102,500	£79,309	29% above HPI

116 SPETCHLEY ROAD 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 three 116 SPETCHLEY ROAD sales between February 1996 and March 2020 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 April 2004 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the March 2020 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 116 SPETCHLEY ROAD be worth now?

116 SPETCHLEY ROAD might now be worth an estimated £572,038.

This is based on house price inflation of 19.2%, between March 2020 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 19.2% inflationary increase is applied to the most recent sale price for 116 SPETCHLEY ROAD of £480,000 on 6th March 2020. For the value to have increased from £480,000 to £572,038 over the five years to March 2025, the following assumptions must hold true:

• The value of 116 SPETCHLEY ROAD has moved in line with the HPI for detached houses in the Worcester local authority area.
• The March 2020 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 116 SPETCHLEY ROAD has not materially changed since March 2020.

How Large is 116 SPETCHLEY ROAD?

116 SPETCHLEY ROAD is 147m², which includes two extensions, according to the EPC inspection conducted in April 2018. This puts it in the largest 20% 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 116 SPETCHLEY ROAD lies on this distribution: 82% of detached houses houses are smaller than 116 SPETCHLEY ROAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Worcester.

116 SPETCHLEY ROAD: Plot and Title Map

116 SPETCHLEY ROAD sits on a plot of roughly 0.179 of an acre, or 725m². The below map shows the location of 116 SPETCHLEY ROAD, 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 116 SPETCHLEY ROAD). 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 116 SPETCHLEY ROAD?

116 SPETCHLEY ROAD is located in WORCESTER, in the WR5 postcode district. The below map shows the position of No. 116 on SPETCHLEY ROAD.