15, NEW BANK STREET, WORCESTER, WR3 8AN - £170,000

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.

15 NEW BANK STREET is a very small terraced house of 86m², built sometime before 1900, which could now be worth an estimated £222,867. It was last sold for £170,000 in September 2017, which was around 3% below the average September 2017 terraced price in the Worcester local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

15 NEW BANK STREET Sold Prices

Land registry data shows four sales for 15 NEW BANK STREET 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. Most of the four 15 NEW BANK STREET 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
2017 1 SEP	£170,000	£176,061	3% below HPI
2004 28 MAY	£112,500	£121,729	8% below HPI
2001 19 OCT	£75,000	£73,716	2% above HPI
1998 17 APR	£42,000	£46,595	10% below HPI

15 NEW BANK STREET 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 15 NEW BANK STREET sales between April 1998 and September 2017 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 May 2004 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2017 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 15 NEW BANK STREET be worth now?

15 NEW BANK STREET might now be worth an estimated £222,867.

This is based on house price inflation of 31.1%, between September 2017 and July 2025, 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 31.1% inflationary increase is applied to the most recent sale price for 15 NEW BANK STREET of £170,000 on 1st September 2017. For the value to have increased from £170,000 to £222,867 over the eight years and two months to July 2025, the following assumptions must hold true:

• The value of 15 NEW BANK STREET has moved in line with the HPI for terraced houses in the Worcester local authority area.
• The September 2017 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 15 NEW BANK STREET has not materially changed since September 2017.

How Large is 15 NEW BANK STREET?

15 NEW BANK STREET is 86m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 20% 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 15 NEW BANK STREET lies on this distribution: 20% of terraced houses houses are smaller than 15 NEW BANK STREET, and 79% of houses are larger. Note that EPC data is not available for all properties in Worcester.

15 NEW BANK STREET: Plot and Title Map

15 NEW BANK STREET sits on a plot of roughly 0.015 of an acre, or 62m². The below map shows the location of 15 NEW BANK STREET, 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 15 NEW BANK STREET). 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 15 NEW BANK STREET?

15 NEW BANK STREET is located in WORCESTER, in the WR3 postcode district. The below map shows the position of No. 15 on NEW BANK STREET.