2, ALDERSEY CLOSE, WORCESTER, WR5 3EH - £219,000

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.

2 ALDERSEY CLOSE is a small detached house of 102m², built sometime between 1983 and 1990, which could now be worth an estimated £397,905. It was last sold for £219,000 in August 2009, which was around 6% below the average August 2009 detached price in the Worcester local authority area. The most recent EPC inspection was May 2009, where the current energy rating was C, and the potential energy rating was C.

2 ALDERSEY CLOSE Sold Prices

Land registry data shows two sales for 2 ALDERSEY 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. Both of the two 2 ALDERSEY 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
2009 28 AUG	£219,000	£232,609	6% below HPI
2008 5 DEC	£185,000	£245,401	25% below HPI

2 ALDERSEY 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 2 ALDERSEY CLOSE sales from December 2008 and August 2009 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 December 2008 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2009 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 2 ALDERSEY CLOSE be worth now?

2 ALDERSEY CLOSE might now be worth an estimated £397,905.

This is based on house price inflation of 81.7%, between August 2009 and May 2026, 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 81.7% inflationary increase is applied to the most recent sale price for 2 ALDERSEY CLOSE of £219,000 on 28th August 2009. For the value to have increased from £219,000 to £397,905 over the seventeen years and three months to May 2026, the following assumptions must hold true:

• The value of 2 ALDERSEY CLOSE has moved in line with the HPI for detached houses in the Worcester local authority area.
• The August 2009 sale price of £219,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ALDERSEY CLOSE has not materially changed since August 2009.

How Large is 2 ALDERSEY CLOSE?

2 ALDERSEY CLOSE is 102m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 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 2 ALDERSEY CLOSE lies on this distribution: 39% of detached houses houses are smaller than 2 ALDERSEY CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Worcester.

2 ALDERSEY CLOSE: Plot and Title Map

2 ALDERSEY CLOSE sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 2 ALDERSEY 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 2 ALDERSEY 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 2 ALDERSEY CLOSE?

2 ALDERSEY CLOSE is located in WORCESTER, in the WR5 postcode district. The below map shows the position of No. 2 on ALDERSEY CLOSE.