2, HOWLETT PLACE, WORCESTER, WR4 0RG - £209,000

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 HOWLETT PLACE is a very small extended semi-detached house of 74m², built sometime between 1996 and 2002, which could now be worth an estimated £297,079. It was last sold for £209,000 in February 2017, which was around 9% above the average February 2017 semi-detached price in the Worcester local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

2 HOWLETT PLACE Sold Prices

Land registry data shows two sales for 2 HOWLETT PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Worcester local authority area for the corresponding sale date. Both of the two 2 HOWLETT PLACE 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
2017 10 FEB	£209,000	£192,046	9% above HPI
1998 20 FEB	£70,995	£54,768	30% above HPI

2 HOWLETT PLACE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Worcester local authority area over time, sourced from the HPI. The two 2 HOWLETT PLACE sales from February 1998 and February 2017 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 February 1998 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the February 2017 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 2 HOWLETT PLACE be worth now?

2 HOWLETT PLACE might now be worth an estimated £297,079.

This is based on house price inflation of 42.1%, between February 2017 and July 2026, for semi-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 42.1% inflationary increase is applied to the most recent sale price for 2 HOWLETT PLACE of £209,000 on 10th February 2017. For the value to have increased from £209,000 to £297,079 over the eight years and seven months to July 2026, the following assumptions must hold true:

• The value of 2 HOWLETT PLACE has moved in line with the HPI for semi-detached houses in the Worcester local authority area.
• The February 2017 sale price of £209,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HOWLETT PLACE has not materially changed since February 2017.

How Large is 2 HOWLETT PLACE?

2 HOWLETT PLACE is 74m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 10% of semi-detached houses houses in Worcester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Worcester, and where 2 HOWLETT PLACE lies on this distribution: 8% of semi-detached houses houses are smaller than 2 HOWLETT PLACE, and 91% of houses are larger. Note that EPC data is not available for all properties in Worcester.

2 HOWLETT PLACE: Plot and Title Map

2 HOWLETT PLACE sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 2 HOWLETT PLACE, 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 HOWLETT PLACE). 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 HOWLETT PLACE?

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