3, UPPER PARK STREET, WORCESTER, WR5 1EX - £215,000

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.

3 UPPER PARK STREET is a very small extended detached house of 73m², built sometime between 1976 and 1982, which could now be worth an estimated £254,158. It was last sold for £215,000 in July 2021, which was around 40% below the average July 2021 detached price in the Worcester local authority area. The most recent EPC inspection was February 2021, where the current energy rating was F, and the potential energy rating was B.

3 UPPER PARK STREET Sold Prices

Land registry data shows two sales for 3 UPPER PARK STREET 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 UPPER PARK STREET 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
2021 23 JUL	£215,000	£359,016	40% below HPI
1999 28 MAY	£72,500	£102,127	29% below HPI

3 UPPER PARK STREET 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 UPPER PARK STREET sales from May 1999 and July 2021 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 May 1999 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2021 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 3 UPPER PARK STREET be worth now?

3 UPPER PARK STREET might now be worth an estimated £254,158.

This is based on house price inflation of 18.2%, between July 2021 and July 2025, for 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 18.2% inflationary increase is applied to the most recent sale price for 3 UPPER PARK STREET of £215,000 on 23rd July 2021. For the value to have increased from £215,000 to £254,158 over the four years to July 2025, the following assumptions must hold true:

• The value of 3 UPPER PARK STREET has moved in line with the HPI for detached houses in the Worcester local authority area.
• The July 2021 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 3 UPPER PARK STREET has not materially changed since July 2021.

How Large is 3 UPPER PARK STREET?

3 UPPER PARK STREET is 73m², which includes one extension, according to the EPC inspection conducted in February 2021. This puts it in the smallest 10% of detached houses houses in Worcester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Worcester, and where 3 UPPER PARK STREET lies on this distribution: 8% of detached houses houses are smaller than 3 UPPER PARK STREET, and 92% of houses are larger. Note that EPC data is not available for all properties in Worcester.

3 UPPER PARK STREET: Plot and Title Map

3 UPPER PARK STREET sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 3 UPPER PARK STREET, 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 UPPER PARK STREET). 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 UPPER PARK STREET?

3 UPPER PARK STREET is located in WORCESTER, in the WR5 postcode district. The below map shows the position of No. 3 on UPPER PARK STREET.