3, SHERWOOD LANE, WORCESTER, WR2 4NU - £320,000

3 SHERWOOD LANE is a large extended detached house of 138m², built sometime between 1950 and 1966. It was last sold for £320,000 in July 2016, which was around 5% above the average July 2016 detached price in the Worcester local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

3 SHERWOOD LANE Sold Prices

Land registry data shows two sales for 3 SHERWOOD LANE 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 3 SHERWOOD LANE 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
2016 13 JUL	£320,000	£303,389	5% above HPI
2004 8 SEP	£265,000	£240,592	10% above HPI

3 SHERWOOD LANE 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 3 SHERWOOD LANE sales from September 2004 and July 2016 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 September 2004 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the July 2016 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 3 SHERWOOD LANE?

3 SHERWOOD LANE is 138m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the largest 30% of detached houses in Worcester, based on EPC data. The below chart shows the distribution of detached houses by size in Worcester, and where 3 SHERWOOD LANE lies on this distribution: 77% of detached houses are smaller than 3 SHERWOOD LANE, and 22% of houses are larger. Note that EPC data is not available for all properties in Worcester.

3 SHERWOOD LANE: Plot and Title Map

3 SHERWOOD LANE sits on a plot of roughly 0.188 of an acre, or 759m². The below map shows the location of 3 SHERWOOD 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 3 SHERWOOD 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 3 SHERWOOD LANE?

3 SHERWOOD LANE is located in WORCESTER, in the WR2 postcode district. The below map shows the position of No. 3 on SHERWOOD LANE.