5, NEASON CLOSE, WORCESTER, WR4 0PX - £157,950

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.

5 NEASON CLOSE is a very small terraced house of 67m², built sometime between 1991 and 1995, which could now be worth an estimated £266,044. It was last sold for £157,950 in February 2006, which was around 15% above the average February 2006 terraced price in the Worcester local authority area. The most recent EPC inspection was January 2009, where the current energy rating was D, and the potential energy rating was C.

5 NEASON CLOSE Sold Prices

Land registry data shows five sales for 5 NEASON CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Worcester local authority area for the corresponding sale date. All of the five 5 NEASON 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
2006 20 FEB	£157,950	£136,808	15% above HPI
2004 10 DEC	£141,000	£130,194	8% above HPI
2003 30 JUN	£130,000	£103,744	25% above HPI
2003 31 MAR	£132,500	£98,270	35% above HPI
1995 17 NOV	£54,500	£39,770	37% above HPI

5 NEASON CLOSE 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 five 5 NEASON CLOSE sales between November 1995 and February 2006 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 December 2004 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the February 2006 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 5 NEASON CLOSE be worth now?

5 NEASON CLOSE might now be worth an estimated £266,044.

This is based on house price inflation of 68.4%, between February 2006 and May 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 68.4% inflationary increase is applied to the most recent sale price for 5 NEASON CLOSE of £157,950 on 20th February 2006. For the value to have increased from £157,950 to £266,044 over the nineteen years and nine months to May 2026, the following assumptions must hold true:

• The value of 5 NEASON CLOSE has moved in line with the HPI for terraced houses in the Worcester local authority area.
• The February 2006 sale price of £157,950 represented a fair market value for the property.
• The size, condition, and specification of 5 NEASON CLOSE has not materially changed since February 2006.

How Large is 5 NEASON CLOSE?

5 NEASON CLOSE is 67m² according to the EPC inspection conducted in January 2009. 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 5 NEASON CLOSE lies on this distribution: 5% of terraced houses houses are smaller than 5 NEASON CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Worcester.

5 NEASON CLOSE: Plot and Title Map

5 NEASON CLOSE sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 5 NEASON 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 5 NEASON 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 5 NEASON CLOSE?

5 NEASON CLOSE is located in WORCESTER, in the WR4 postcode district. The below map shows the position of No. 5 on NEASON CLOSE.