2, BREAM CLOSE, WORCESTER, WR5 3HU - £216,000

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 BREAM CLOSE is a very small detached house of 74m², built sometime between 1983 and 1990, which could now be worth an estimated £316,359. It was last sold for £216,000 in October 2015, which was around 26% below the average October 2015 detached price in the Worcester local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

2 BREAM CLOSE Sold Prices

Land registry data shows two sales for 2 BREAM 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 BREAM 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
2015 22 OCT	£216,000	£290,280	26% below HPI
1998 12 JUN	£73,500	£97,578	25% below HPI

2 BREAM 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 BREAM CLOSE sales from June 1998 and October 2015 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 June 1998 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2015 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 2 BREAM CLOSE be worth now?

2 BREAM CLOSE might now be worth an estimated £316,359.

This is based on house price inflation of 46.5%, between October 2015 and April 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 46.5% inflationary increase is applied to the most recent sale price for 2 BREAM CLOSE of £216,000 on 22nd October 2015. For the value to have increased from £216,000 to £316,359 over the eleven years and six months to April 2026, the following assumptions must hold true:

• The value of 2 BREAM CLOSE has moved in line with the HPI for detached houses in the Worcester local authority area.
• The October 2015 sale price of £216,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BREAM CLOSE has not materially changed since October 2015.

How Large is 2 BREAM CLOSE?

2 BREAM CLOSE is 74m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% 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 BREAM CLOSE lies on this distribution: 8% of detached houses houses are smaller than 2 BREAM CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Worcester.

2 BREAM CLOSE: Plot and Title Map

2 BREAM CLOSE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 2 BREAM 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 BREAM 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 BREAM CLOSE?

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