4, MELROSE CLOSE, WORCESTER, WR2 5JE - £295,000

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.

4 MELROSE CLOSE is a midsized extended semi-detached house of 111m², built sometime between 1950 and 1966, which could now be worth an estimated £355,103. It was last sold for £295,000 in June 2021, which was around 30% above the average June 2021 semi-detached price in the Worcester local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

4 MELROSE CLOSE Sold Prices

Land registry data shows three sales for 4 MELROSE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Worcester local authority area for the corresponding sale date. All of the three 4 MELROSE CLOSE 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
2021 29 JUN	£295,000	£226,225	30% above HPI
2017 1 FEB	£245,000	£192,046	28% above HPI
1997 6 NOV	£67,000	£54,007	24% above HPI

4 MELROSE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Worcester local authority area over time, sourced from the HPI. The three 4 MELROSE CLOSE sales between November 1997 and June 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 February 2017 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the June 2021 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 4 MELROSE CLOSE be worth now?

4 MELROSE CLOSE might now be worth an estimated £355,103.

This is based on house price inflation of 20.4%, between June 2021 and July 2025, for semi-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 20.4% inflationary increase is applied to the most recent sale price for 4 MELROSE CLOSE of £295,000 on 29th June 2021. For the value to have increased from £295,000 to £355,103 over the three years and eleven months to July 2025, the following assumptions must hold true:

• The value of 4 MELROSE CLOSE has moved in line with the HPI for semi-detached houses in the Worcester local authority area.
• The June 2021 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MELROSE CLOSE has not materially changed since June 2021.

How Large is 4 MELROSE CLOSE?

4 MELROSE CLOSE is 111m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 50% of semi-detached houses houses in Worcester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Worcester, and where 4 MELROSE CLOSE lies on this distribution: 49% of semi-detached houses houses are smaller than 4 MELROSE CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Worcester.

4 MELROSE CLOSE: Plot and Title Map

4 MELROSE CLOSE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 4 MELROSE 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 4 MELROSE 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 4 MELROSE CLOSE?

4 MELROSE CLOSE is located in WORCESTER, in the WR2 postcode district. The below map shows the position of No. 4 on MELROSE CLOSE.