16, SHERWOOD LANE, WORCESTER, WR2 4NY - £315,000

16 SHERWOOD LANE is a small extended detached house of 88m², built sometime between 1967 and 1975. It was last sold for £315,000 in March 2021, which was around 12% below the average March 2021 detached price in the Worcester local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was D.

16 SHERWOOD LANE Sold Prices

Land registry data shows two sales for 16 SHERWOOD LANE 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 16 SHERWOOD LANE 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
2021 16 MAR	£315,000	£356,926	12% below HPI
1996 23 AUG	£95,000	£83,766	13% above HPI

16 SHERWOOD LANE 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 16 SHERWOOD LANE sales from August 1996 and March 2021 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 August 1996 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the March 2021 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 16 SHERWOOD LANE?

16 SHERWOOD LANE is 88m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 30% of detached houses in Worcester, based on EPC data. The below chart shows the distribution of detached houses by size in Worcester, and where 16 SHERWOOD LANE lies on this distribution: 23% of detached houses are smaller than 16 SHERWOOD LANE, and 76% of houses are larger. Note that EPC data is not available for all properties in Worcester.

16 SHERWOOD LANE: Plot and Title Map

16 SHERWOOD LANE sits on a plot of roughly 0.166 of an acre, or 674m². The below map shows the location of 16 SHERWOOD LANE, 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 16 SHERWOOD LANE). 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 16 SHERWOOD LANE?

16 SHERWOOD LANE is located in WORCESTER, in the WR2 postcode district. The below map shows the position of No. 16 on SHERWOOD LANE.