48, NEW BANK STREET, WORCESTER, WR3 8AN - £220,000

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.

48 NEW BANK STREET is a very small terraced house of 65m², built sometime between 1983 and 1990, which could now be worth an estimated £222,011. It was last sold for £220,000 in September 2024, which was around 4% below the average September 2024 terraced price in the Worcester local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

48 NEW BANK STREET Sold Prices

Land registry data shows four sales for 48 NEW BANK STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Worcester local authority area for the corresponding sale date. One of the four 48 NEW BANK STREET sales was for below the average price, whilst two 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
2024 2 SEP	£220,000	£228,722	4% below HPI
2009 28 AUG	£128,000	£128,520	Close to HPI
2003 18 NOV	£110,000	£108,528	1% above HPI
2002 15 MAR	£84,950	£78,059	9% above HPI

48 NEW BANK STREET 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 four 48 NEW BANK STREET sales between March 2002 and September 2024 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 August 2009 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2024 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 48 NEW BANK STREET be worth now?

48 NEW BANK STREET might now be worth an estimated £222,011.

This is based on house price inflation of 0.9%, between September 2024 and July 2025, 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 0.9% inflationary increase is applied to the most recent sale price for 48 NEW BANK STREET of £220,000 on 2nd September 2024. For the value to have increased from £220,000 to £222,011 over the one year and two months to July 2025, the following assumptions must hold true:

• The value of 48 NEW BANK STREET has moved in line with the HPI for terraced houses in the Worcester local authority area.
• The September 2024 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 48 NEW BANK STREET has not materially changed since September 2024.

How Large is 48 NEW BANK STREET?

48 NEW BANK STREET is 65m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 10% 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 48 NEW BANK STREET lies on this distribution: 4% of terraced houses houses are smaller than 48 NEW BANK STREET, and 96% of houses are larger. Note that EPC data is not available for all properties in Worcester.

48 NEW BANK STREET: Plot and Title Map

48 NEW BANK STREET sits on a plot of roughly 0.027 of an acre, or 109m². The below map shows the location of 48 NEW BANK STREET, 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 48 NEW BANK STREET). 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 48 NEW BANK STREET?

48 NEW BANK STREET is located in WORCESTER, in the WR3 postcode district. The below map shows the position of No. 48 on NEW BANK STREET.