2, GRASSINGTON DRIVE, WORCESTER, WR4 0BE - £158,000

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 GRASSINGTON DRIVE is a midsized extended terraced house of 106m², built sometime between 1976 and 1982, which could now be worth an estimated £264,613. It was last sold for £158,000 in August 2010, which was around 15% above the average August 2010 terraced price in the Worcester local authority area. The most recent EPC inspection was December 2009, where the current energy rating was D, and the potential energy rating was C.

2 GRASSINGTON DRIVE Sold Prices

Land registry data shows three sales for 2 GRASSINGTON DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Worcester local authority area for the corresponding sale date. All of the three 2 GRASSINGTON DRIVE sales were 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
2010 13 AUG	£158,000	£137,591	15% above HPI
1999 9 JUN	£71,500	£51,471	39% above HPI
1995 6 SEP	£51,000	£39,645	29% above HPI

2 GRASSINGTON DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Worcester local authority area over time, sourced from the HPI. The three 2 GRASSINGTON DRIVE sales between September 1995 and August 2010 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 1999 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the August 2010 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 2 GRASSINGTON DRIVE be worth now?

2 GRASSINGTON DRIVE might now be worth an estimated £264,613.

This is based on house price inflation of 67.5%, between August 2010 and May 2026, for terraced 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 67.5% inflationary increase is applied to the most recent sale price for 2 GRASSINGTON DRIVE of £158,000 on 13th August 2010. For the value to have increased from £158,000 to £264,613 over the sixteen years and three months to May 2026, the following assumptions must hold true:

• The value of 2 GRASSINGTON DRIVE has moved in line with the HPI for terraced houses in the Worcester local authority area.
• The August 2010 sale price of £158,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GRASSINGTON DRIVE has not materially changed since August 2010.

How Large is 2 GRASSINGTON DRIVE?

2 GRASSINGTON DRIVE is 106m², which includes one extension, according to the EPC inspection conducted in December 2009. This puts it in the smallest 50% of terraced houses houses in Worcester, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Worcester, and where 2 GRASSINGTON DRIVE lies on this distribution: 42% of terraced houses houses are smaller than 2 GRASSINGTON DRIVE, and 57% of houses are larger. Note that EPC data is not available for all properties in Worcester.

2 GRASSINGTON DRIVE: Plot and Title Map

2 GRASSINGTON DRIVE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 2 GRASSINGTON DRIVE, 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 GRASSINGTON DRIVE). 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 GRASSINGTON DRIVE?

2 GRASSINGTON DRIVE is located in WORCESTER, in the WR4 postcode district. The below map shows the position of No. 2 on GRASSINGTON DRIVE.