38, GRASSINGTON DRIVE, WORCESTER, WR4 0BE - £255,000

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.

38 GRASSINGTON DRIVE is a small extended detached house of 93m², built sometime between 1983 and 1990, which could now be worth an estimated £346,522. It was last sold for £255,000 in December 2016, which was around 18% below the average December 2016 detached price in the Worcester local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was C.

38 GRASSINGTON DRIVE Sold Prices

Land registry data shows three sales for 38 GRASSINGTON DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Worcester local authority area for the corresponding sale date. All of the three 38 GRASSINGTON DRIVE 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
2016 22 DEC	£255,000	£312,312	18% below HPI
2007 13 JUL	£215,000	£274,129	22% below HPI
2002 22 NOV	£145,000	£192,897	25% below HPI

38 GRASSINGTON DRIVE 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 three 38 GRASSINGTON DRIVE sales between November 2002 and December 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 July 2007 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2016 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 38 GRASSINGTON DRIVE be worth now?

38 GRASSINGTON DRIVE might now be worth an estimated £346,522.

This is based on house price inflation of 35.9%, between December 2016 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 35.9% inflationary increase is applied to the most recent sale price for 38 GRASSINGTON DRIVE of £255,000 on 22nd December 2016. For the value to have increased from £255,000 to £346,522 over the nine years and five months to July 2025, the following assumptions must hold true:

• The value of 38 GRASSINGTON DRIVE has moved in line with the HPI for detached houses in the Worcester local authority area.
• The December 2016 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 38 GRASSINGTON DRIVE has not materially changed since December 2016.

How Large is 38 GRASSINGTON DRIVE?

38 GRASSINGTON DRIVE is 93m², which includes two extensions, according to the EPC inspection conducted in November 2016. This puts it in the smallest 30% 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 38 GRASSINGTON DRIVE lies on this distribution: 28% of detached houses houses are smaller than 38 GRASSINGTON DRIVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Worcester.

38 GRASSINGTON DRIVE: Plot and Title Map

38 GRASSINGTON DRIVE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 38 GRASSINGTON DRIVE, 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 38 GRASSINGTON DRIVE). 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 38 GRASSINGTON DRIVE?

38 GRASSINGTON DRIVE is located in WORCESTER, in the WR4 postcode district. The below map shows the position of No. 38 on GRASSINGTON DRIVE.