5, THE SPINNEY, WORCESTER, WR2 6HL - £147,500

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 THE SPINNEY is a very small semi-detached house of 57m², built sometime between 1950 and 1966, which could now be worth an estimated £189,769. It was last sold for £147,500 in February 2020, which was around 31% below the average February 2020 semi-detached price in the Worcester local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

5 THE SPINNEY Sold Prices

Land registry data shows three sales for 5 THE SPINNEY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Worcester local authority area for the corresponding sale date. All of the three 5 THE SPINNEY 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 7 FEB	£147,500	£212,834	31% below HPI
2019 25 FEB	£130,000	£206,324	37% below HPI
2002 24 MAY	£45,000	£95,256	53% below HPI

5 THE SPINNEY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Worcester local authority area over time, sourced from the HPI. The three 5 THE SPINNEY sales between May 2002 and February 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 2019 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2020 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 5 THE SPINNEY be worth now?

5 THE SPINNEY might now be worth an estimated £189,769.

This is based on house price inflation of 28.7%, between February 2020 and May 2026, for semi-detached 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 28.7% inflationary increase is applied to the most recent sale price for 5 THE SPINNEY of £147,500 on 7th February 2020. For the value to have increased from £147,500 to £189,769 over the five years and nine months to May 2026, the following assumptions must hold true:

• The value of 5 THE SPINNEY has moved in line with the HPI for semi-detached houses in the Worcester local authority area.
• The February 2020 sale price of £147,500 represented a fair market value for the property.
• The size, condition, and specification of 5 THE SPINNEY has not materially changed since February 2020.

How Large is 5 THE SPINNEY?

5 THE SPINNEY is 57m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of semi-detached houses houses in Worcester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Worcester, and where 5 THE SPINNEY lies on this distribution: 2% of semi-detached houses houses are smaller than 5 THE SPINNEY, and 98% of houses are larger. Note that EPC data is not available for all properties in Worcester.

5 THE SPINNEY: Plot and Title Map

5 THE SPINNEY sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 5 THE SPINNEY, 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 THE SPINNEY). 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 THE SPINNEY?

5 THE SPINNEY is located in WORCESTER, in the WR2 postcode district. The below map shows the position of No. 5 on THE SPINNEY.