38, LAVENDER ROAD, WORCESTER, WR3 7AE - £306,500

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 LAVENDER ROAD is a large extended terraced house of 126m², built sometime before 1900, which could now be worth an estimated £319,986. It was last sold for £306,500 in August 2023, which was around 39% above the average August 2023 terraced price in the Worcester local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was B.

38 LAVENDER ROAD Sold Prices

Land registry data shows two sales for 38 LAVENDER ROAD 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 38 LAVENDER ROAD 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
2023 23 AUG	£306,500	£221,140	39% above HPI
2015 15 JUN	£198,000	£153,698	29% above HPI

38 LAVENDER ROAD 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 38 LAVENDER ROAD sales from June 2015 and August 2023 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 June 2015 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the August 2023 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 38 LAVENDER ROAD be worth now?

38 LAVENDER ROAD might now be worth an estimated £319,986.

This is based on house price inflation of 4.4%, between August 2023 and April 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 4.4% inflationary increase is applied to the most recent sale price for 38 LAVENDER ROAD of £306,500 on 23rd August 2023. For the value to have increased from £306,500 to £319,986 over the three years and four months to April 2026, the following assumptions must hold true:

• The value of 38 LAVENDER ROAD has moved in line with the HPI for terraced houses in the Worcester local authority area.
• The August 2023 sale price of £306,500 represented a fair market value for the property.
• The size, condition, and specification of 38 LAVENDER ROAD has not materially changed since August 2023.

How Large is 38 LAVENDER ROAD?

38 LAVENDER ROAD is 126m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 40% 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 38 LAVENDER ROAD lies on this distribution: 67% of terraced houses houses are smaller than 38 LAVENDER ROAD, and 32% of houses are larger. Note that EPC data is not available for all properties in Worcester.

38 LAVENDER ROAD: Plot and Title Map

38 LAVENDER ROAD sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 38 LAVENDER ROAD, 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 LAVENDER ROAD). 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 LAVENDER ROAD?

38 LAVENDER ROAD is located in WORCESTER, in the WR3 postcode district. The below map shows the position of No. 38 on LAVENDER ROAD.