14, PACKHORSE CLOSE, WORCESTER, WR2 6AG - £235,000

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.

14 PACKHORSE CLOSE is a large extended detached house of 123m², built sometime between 1991 and 1995, which could now be worth an estimated £378,044. It was last sold for £235,000 in March 2012, which was around 6% below the average March 2012 detached price in the Worcester local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was B.

14 PACKHORSE CLOSE Sold Prices

Land registry data shows two sales for 14 PACKHORSE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Worcester local authority area for the corresponding sale date. One of the two 14 PACKHORSE CLOSE sales was for below the average price, whilst the other was 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
2012 12 MAR	£235,000	£251,330	6% below HPI
1995 10 APR	£98,500	£81,034	22% above HPI

14 PACKHORSE CLOSE 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 two 14 PACKHORSE CLOSE sales from April 1995 and March 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 April 1995 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the March 2012 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 14 PACKHORSE CLOSE be worth now?

14 PACKHORSE CLOSE might now be worth an estimated £378,044.

This is based on house price inflation of 60.9%, between March 2012 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 60.9% inflationary increase is applied to the most recent sale price for 14 PACKHORSE CLOSE of £235,000 on 12th March 2012. For the value to have increased from £235,000 to £378,044 over the thirteen years to March 2025, the following assumptions must hold true:

• The value of 14 PACKHORSE CLOSE has moved in line with the HPI for detached houses in the Worcester local authority area.
• The March 2012 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 14 PACKHORSE CLOSE has not materially changed since March 2012.

How Large is 14 PACKHORSE CLOSE?

14 PACKHORSE CLOSE is 123m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the largest 40% 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 14 PACKHORSE CLOSE lies on this distribution: 64% of detached houses houses are smaller than 14 PACKHORSE CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Worcester.

14 PACKHORSE CLOSE: Plot and Title Map

14 PACKHORSE CLOSE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 14 PACKHORSE CLOSE, 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 14 PACKHORSE CLOSE). 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 14 PACKHORSE CLOSE?

14 PACKHORSE CLOSE is located in WORCESTER, in the WR2 postcode district. The below map shows the position of No. 14 on PACKHORSE CLOSE.