42, HOMESTEAD AVENUE, WALL MEADOW, WORCESTER, WR4 0DA - £305,000

42 HOMESTEAD AVENUE is a small detached house of 94m², built sometime between 1991 and 1995. It was last sold for £305,000 in September 2023, which was around 30% below the average September 2023 detached price in the Worcester local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

42 HOMESTEAD AVENUE Sold Prices

Land registry data shows four sales for 42 HOMESTEAD AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Worcester local authority area for the corresponding sale date. All of the four 42 HOMESTEAD AVENUE 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
2023 15 SEP	£305,000	£435,818	30% below HPI
2004 9 JAN	£157,000	£220,808	29% below HPI
2002 31 MAY	£134,000	£165,732	19% below HPI
1998 29 MAY	£79,500	£97,419	18% below HPI

42 HOMESTEAD AVENUE 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 four 42 HOMESTEAD AVENUE sales between May 1998 and September 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 January 2004 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2023 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 42 HOMESTEAD AVENUE?

42 HOMESTEAD AVENUE is 94m² according to the EPC inspection conducted in January 2023. 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 42 HOMESTEAD AVENUE lies on this distribution: 30% of detached houses are smaller than 42 HOMESTEAD AVENUE, and 69% of houses are larger. Note that EPC data is not available for all properties in Worcester.

42 HOMESTEAD AVENUE: Plot and Title Map

42 HOMESTEAD AVENUE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 42 HOMESTEAD AVENUE, 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 42 HOMESTEAD AVENUE). 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 42 HOMESTEAD AVENUE?

42 HOMESTEAD AVENUE is located in WALL MEADOW, in the WR4 postcode district. The below map shows the position of No. 42 on HOMESTEAD AVENUE.