8, MILRET CLOSE, WORCESTER, WR3 8XF - £230,000

8 MILRET CLOSE is a small detached house of 90m², built sometime between 1976 and 1982. It was last sold for £230,000 in July 2016, which was around 24% below the average July 2016 detached price in the Worcester local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

8 MILRET CLOSE Sold Prices

Land registry data shows two sales for 8 MILRET CLOSE 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. Both of the two 8 MILRET CLOSE 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 12 JUL	£230,000	£303,389	24% below HPI
1998 27 NOV	£87,000	£102,861	15% below HPI

8 MILRET CLOSE 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 8 MILRET CLOSE sales from November 1998 and July 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 November 1998 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2016 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 8 MILRET CLOSE?

8 MILRET CLOSE is 90m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 30% of detached houses in Worcester, based on EPC data. The below chart shows the distribution of detached houses by size in Worcester, and where 8 MILRET CLOSE lies on this distribution: 25% of detached houses are smaller than 8 MILRET CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Worcester.

8 MILRET CLOSE: Plot and Title Map

8 MILRET CLOSE sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 8 MILRET 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 8 MILRET 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 8 MILRET CLOSE?

8 MILRET CLOSE is located in WORCESTER, in the WR3 postcode district. The below map shows the position of No. 8 on MILRET CLOSE.