62, CORMORANT RISE, WORCESTER, WR2 4BA - £261,000

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.

62 CORMORANT RISE is a large detached house of 124m², built sometime between 1983 and 1990, which could now be worth an estimated £371,754. It was last sold for £261,000 in August 2015, which was around 8% below the average August 2015 detached price in the Worcester local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

62 CORMORANT RISE Sold Prices

Land registry data shows two sales for 62 CORMORANT RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Worcester local authority area for the corresponding sale date. One of the two 62 CORMORANT RISE sales was for below the average price, whilst the other was 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
2015 20 AUG	£261,000	£283,860	8% below HPI
2001 20 JUL	£147,500	£146,015	1% above HPI

62 CORMORANT RISE 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 two 62 CORMORANT RISE sales from July 2001 and August 2015 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 July 2001 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2015 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 62 CORMORANT RISE be worth now?

62 CORMORANT RISE might now be worth an estimated £371,754.

This is based on house price inflation of 42.4%, between August 2015 and March 2025, for 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 42.4% inflationary increase is applied to the most recent sale price for 62 CORMORANT RISE of £261,000 on 20th August 2015. For the value to have increased from £261,000 to £371,754 over the ten years and five months to March 2025, the following assumptions must hold true:

• The value of 62 CORMORANT RISE has moved in line with the HPI for detached houses in the Worcester local authority area.
• The August 2015 sale price of £261,000 represented a fair market value for the property.
• The size, condition, and specification of 62 CORMORANT RISE has not materially changed since August 2015.

How Large is 62 CORMORANT RISE?

62 CORMORANT RISE is 124m² according to the EPC inspection conducted in February 2015. This puts it in the largest 40% of detached houses houses in Worcester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Worcester, and where 62 CORMORANT RISE lies on this distribution: 65% of detached houses houses are smaller than 62 CORMORANT RISE, and 34% of houses are larger. Note that EPC data is not available for all properties in Worcester.

62 CORMORANT RISE: Plot and Title Map

62 CORMORANT RISE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 62 CORMORANT RISE, 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 62 CORMORANT RISE). 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 62 CORMORANT RISE?

62 CORMORANT RISE is located in WORCESTER, in the WR2 postcode district. The below map shows the position of No. 62 on CORMORANT RISE.