15, PALMERS GREEN, WORCESTER, WR2 4JY - £312,500

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.

15 PALMERS GREEN is a large detached house of 129m², built sometime between 1991 and 1995, which could now be worth an estimated £402,846. It was last sold for £312,500 in November 2016, which was about the average November 2016 detached price in the Worcester local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

15 PALMERS GREEN Sold Prices

Land registry data shows three sales for 15 PALMERS GREEN 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. The three 15 PALMERS GREEN sales were a mix of roughly equal to the average price, and 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
2016 4 NOV	£312,500	£313,639	Close to HPI
2016 19 OCT	£320,000	£312,160	3% above HPI
1995 23 OCT	£108,000	£78,584	37% above HPI

15 PALMERS 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 three 15 PALMERS GREEN sales between October 1995 and November 2016 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 October 2016 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the November 2016 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 15 PALMERS GREEN be worth now?

15 PALMERS GREEN might now be worth an estimated £402,846.

This is based on house price inflation of 28.9%, between November 2016 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 28.9% inflationary increase is applied to the most recent sale price for 15 PALMERS GREEN of £312,500 on 4th November 2016. For the value to have increased from £312,500 to £402,846 over the nine years and eight months to March 2025, the following assumptions must hold true:

• The value of 15 PALMERS GREEN has moved in line with the HPI for detached houses in the Worcester local authority area.
• The November 2016 sale price of £312,500 represented a fair market value for the property.
• The size, condition, and specification of 15 PALMERS GREEN has not materially changed since November 2016.

How Large is 15 PALMERS GREEN?

15 PALMERS GREEN is 129m² according to the EPC inspection conducted in May 2016. This puts it in the largest 30% 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 15 PALMERS GREEN lies on this distribution: 70% of detached houses houses are smaller than 15 PALMERS GREEN, and 29% of houses are larger. Note that EPC data is not available for all properties in Worcester.

15 PALMERS GREEN: Plot and Title Map

15 PALMERS GREEN sits on a plot of roughly 0.144 of an acre, or 581m². The below map shows the location of 15 PALMERS 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 15 PALMERS 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 15 PALMERS GREEN?

15 PALMERS GREEN is located in WORCESTER, in the WR2 postcode district. The below map shows the position of No. 15 on PALMERS GREEN.