37, PAINSWICK CLOSE, WORCESTER, WR4 9LE - £109,000

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.

37 PAINSWICK CLOSE is a very small terraced house of 76m², built sometime between 1950 and 1966, which could now be worth an estimated £185,302. It was last sold for £109,000 in November 2011, which was around 20% below the average November 2011 terraced price in the Worcester local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was C.

37 PAINSWICK CLOSE Sold Prices

Land registry data shows two sales for 37 PAINSWICK CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Worcester local authority area for the corresponding sale date. Both of the two 37 PAINSWICK CLOSE 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
2011 23 NOV	£109,000	£135,547	20% below HPI
2004 16 JUL	£116,000	£123,176	6% below HPI

37 PAINSWICK CLOSE 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 two 37 PAINSWICK CLOSE sales from July 2004 and November 2011 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 July 2004 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2011 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 37 PAINSWICK CLOSE be worth now?

37 PAINSWICK CLOSE might now be worth an estimated £185,302.

This is based on house price inflation of 70%, between November 2011 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 70% inflationary increase is applied to the most recent sale price for 37 PAINSWICK CLOSE of £109,000 on 23rd November 2011. For the value to have increased from £109,000 to £185,302 over the fifteen years and six months to May 2026, the following assumptions must hold true:

• The value of 37 PAINSWICK CLOSE has moved in line with the HPI for terraced houses in the Worcester local authority area.
• The November 2011 sale price of £109,000 represented a fair market value for the property.
• The size, condition, and specification of 37 PAINSWICK CLOSE has not materially changed since November 2011.

How Large is 37 PAINSWICK CLOSE?

37 PAINSWICK CLOSE is 76m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 10% 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 37 PAINSWICK CLOSE lies on this distribution: 10% of terraced houses houses are smaller than 37 PAINSWICK CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Worcester.

37 PAINSWICK CLOSE: Plot and Title Map

37 PAINSWICK CLOSE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 37 PAINSWICK CLOSE, 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 37 PAINSWICK CLOSE). 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 37 PAINSWICK CLOSE?

37 PAINSWICK CLOSE is located in WORCESTER, in the WR4 postcode district. The below map shows the position of No. 37 on PAINSWICK CLOSE.