15, WINDMILL CLOSE, WORCESTER, WR1 3HH - £155,000

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 WINDMILL CLOSE is a very small terraced house of 56m², built sometime between 1983 and 1990, which could now be worth an estimated £204,000. It was last sold for £155,000 in May 2018, which was around 12% below the average May 2018 terraced price in the Worcester local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was B.

15 WINDMILL CLOSE Sold Prices

Land registry data shows two sales for 15 WINDMILL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Worcester local authority area for the corresponding sale date. Both of the two 15 WINDMILL CLOSE 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
2018 10 MAY	£155,000	£175,416	12% below HPI
2015 27 FEB	£143,000	£149,955	5% below HPI

15 WINDMILL CLOSE 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 two 15 WINDMILL CLOSE sales from February 2015 and May 2018 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 February 2015 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2018 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 15 WINDMILL CLOSE be worth now?

15 WINDMILL CLOSE might now be worth an estimated £204,000.

This is based on house price inflation of 31.6%, between May 2018 and April 2026, 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 31.6% inflationary increase is applied to the most recent sale price for 15 WINDMILL CLOSE of £155,000 on 10th May 2018. For the value to have increased from £155,000 to £204,000 over the eight years and one month to April 2026, the following assumptions must hold true:

• The value of 15 WINDMILL CLOSE has moved in line with the HPI for terraced houses in the Worcester local authority area.
• The May 2018 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 15 WINDMILL CLOSE has not materially changed since May 2018.

How Large is 15 WINDMILL CLOSE?

15 WINDMILL CLOSE is 56m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 10% 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 WINDMILL CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 15 WINDMILL CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Worcester.

15 WINDMILL CLOSE: Plot and Title Map

15 WINDMILL CLOSE sits on a plot of roughly 1.3 acres, or 5,422m². The below map shows the location of 15 WINDMILL 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 15 WINDMILL 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 15 WINDMILL CLOSE?

15 WINDMILL CLOSE is located in WORCESTER, in the WR1 postcode district. The below map shows the position of No. 15 on WINDMILL CLOSE.