5, POST OFFICE LANE, FERNHILL HEATH, WORCESTER, WR3 8RB - £315,000

5 POST OFFICE LANE is a midsized detached house of 135m², built sometime between 1967 and 1975. It was last sold for £315,000 in January 2016, which was around 10% below the average January 2016 detached price in the Wychavon local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

5 POST OFFICE LANE Sold Prices

Land registry data shows two sales for 5 POST OFFICE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wychavon local authority area for the corresponding sale date. Both of the two 5 POST OFFICE LANE 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
2016 15 JAN	£315,000	£348,535	10% below HPI
2012 4 APR	£213,000	£296,753	28% below HPI

5 POST OFFICE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wychavon local authority area over time, sourced from the HPI. The two 5 POST OFFICE LANE sales from April 2012 and January 2016 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 April 2012 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the January 2016 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 5 POST OFFICE LANE?

5 POST OFFICE LANE is 135m² according to the EPC inspection conducted in August 2015. This puts it in the largest 50% of detached houses in Fernhill Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Fernhill Heath, and where 5 POST OFFICE LANE lies on this distribution: 56% of detached houses are smaller than 5 POST OFFICE LANE, and 43% of houses are larger. Note that EPC data is not available for all properties in Fernhill Heath.

5 POST OFFICE LANE: Plot and Title Map

5 POST OFFICE LANE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 5 POST OFFICE LANE, 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 POST OFFICE LANE). 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 POST OFFICE LANE?

5 POST OFFICE LANE is located in FERNHILL HEATH, in the WR3 postcode district. The below map shows the position of No. 5 on POST OFFICE LANE.