2, BOWOOD LANE, WORCESTER, WR5 3UT - £325,000

2 BOWOOD LANE is a large detached house of 129m², built sometime between 1996 and 2002. It was last sold for £325,000 in September 2022, which was around 25% below the average September 2022 detached price in the Worcester local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

2 BOWOOD LANE Sold Prices

Land registry data shows six sales for 2 BOWOOD LANE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Worcester local authority area for the corresponding sale date. All of the six 2 BOWOOD LANE 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
2022 9 SEP	£325,000	£431,511	25% below HPI
2018 26 NOV	£264,000	£343,797	23% below HPI
2014 10 OCT	£215,000	£280,089	23% below HPI
2007 30 NOV	£220,000	£283,902	23% below HPI
2005 31 MAR	£197,200	£250,501	21% below HPI
1999 30 JUL	£80,500	£108,587	26% below HPI

2 BOWOOD 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 six 2 BOWOOD LANE sales between July 1999 and September 2022 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 November 2018 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2022 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 2 BOWOOD LANE?

2 BOWOOD LANE is 129m² according to the EPC inspection conducted in February 2014. This puts it in the largest 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 2 BOWOOD LANE lies on this distribution: 70% of detached houses are smaller than 2 BOWOOD LANE, and 29% of houses are larger. Note that EPC data is not available for all properties in Worcester.

2 BOWOOD LANE: Plot and Title Map

2 BOWOOD LANE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 2 BOWOOD 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 2 BOWOOD 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 2 BOWOOD LANE?

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