2, FARM CLOSE, WORCESTER, WR3 8HJ - £195,000

2 FARM CLOSE is a very small extended detached house of 68m², built sometime between 1950 and 1966. It was last sold for £195,000 in March 2018, which was around 42% below the average March 2018 detached price in the Worcester local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

2 FARM CLOSE Sold Prices

Land registry data shows three sales for 2 FARM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Worcester local authority area for the corresponding sale date. All of the three 2 FARM 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 23 MAR	£195,000	£337,749	42% below HPI
2003 14 JUL	£142,500	£210,685	32% below HPI
1998 12 JUN	£58,000	£99,238	42% below HPI

2 FARM 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 three 2 FARM CLOSE sales between June 1998 and March 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 July 2003 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2018 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 2 FARM CLOSE?

2 FARM CLOSE is 68m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the smallest 10% 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 FARM CLOSE lies on this distribution: 5% of detached houses are smaller than 2 FARM CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Worcester.

2 FARM CLOSE: Plot and Title Map

2 FARM CLOSE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 2 FARM 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 FARM 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 FARM CLOSE?

2 FARM CLOSE is located in WORCESTER, in the WR3 postcode district. The below map shows the position of No. 2 on FARM CLOSE.