25, GREEN LANE, WORCESTER, WR3 8NY - £178,000

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.

25 GREEN LANE is a very small extended terraced house of 79m², built sometime between 1930 and 1949, which could now be worth an estimated £232,147. It was last sold for £178,000 in July 2020, which was around 1% above the average July 2020 terraced price in the Worcester local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

25 GREEN LANE Sold Prices

Land registry data shows three sales for 25 GREEN LANE 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. One of the three 25 GREEN LANE sales was for above the average price, whilst two 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
2020 14 JUL	£178,000	£176,977	1% above HPI
2007 15 JAN	£145,000	£149,364	3% below HPI
1999 26 FEB	£46,000	£49,231	7% below HPI

25 GREEN LANE 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 25 GREEN LANE sales between February 1999 and July 2020 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 January 2007 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the July 2020 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 25 GREEN LANE be worth now?

25 GREEN LANE might now be worth an estimated £232,147.

This is based on house price inflation of 30.4%, between July 2020 and July 2025, 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 30.4% inflationary increase is applied to the most recent sale price for 25 GREEN LANE of £178,000 on 14th July 2020. For the value to have increased from £178,000 to £232,147 over the five years to July 2025, the following assumptions must hold true:

• The value of 25 GREEN LANE has moved in line with the HPI for terraced houses in the Worcester local authority area.
• The July 2020 sale price of £178,000 represented a fair market value for the property.
• The size, condition, and specification of 25 GREEN LANE has not materially changed since July 2020.

How Large is 25 GREEN LANE?

25 GREEN LANE is 79m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the smallest 20% 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 25 GREEN LANE lies on this distribution: 12% of terraced houses houses are smaller than 25 GREEN LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Worcester.

25 GREEN LANE: Plot and Title Map

25 GREEN LANE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 25 GREEN 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 25 GREEN 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 25 GREEN LANE?

25 GREEN LANE is located in WORCESTER, in the WR3 postcode district. The below map shows the position of No. 25 on GREEN LANE.