4, OTLEY CLOSE, WORCESTER, WR4 0BJ - £270,000

4 OTLEY CLOSE is a small detached house of 92m², built sometime between 1983 and 1990. It was last sold for £270,000 in August 2020, which was around 23% below the average August 2020 detached price in the Worcester local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was B.

4 OTLEY CLOSE Sold Prices

Land registry data shows two sales for 4 OTLEY CLOSE 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 4 OTLEY 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
2020 14 AUG	£270,000	£349,240	23% below HPI
2002 15 FEB	£120,000	£162,503	26% below HPI

4 OTLEY CLOSE 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 4 OTLEY CLOSE sales from February 2002 and August 2020 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 2002 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2020 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 4 OTLEY CLOSE?

4 OTLEY CLOSE is 92m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 30% of detached houses in Worcester, based on EPC data. The below chart shows the distribution of detached houses by size in Worcester, and where 4 OTLEY CLOSE lies on this distribution: 28% of detached houses are smaller than 4 OTLEY CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Worcester.

4 OTLEY CLOSE: Plot and Title Map

4 OTLEY CLOSE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 4 OTLEY 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 OTLEY 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 OTLEY CLOSE?

4 OTLEY CLOSE is located in WORCESTER, in the WR4 postcode district. The below map shows the position of No. 4 on OTLEY CLOSE.