COLSTEPH, CORNMEADOW LANE, WORCESTER, WR3 7PW - £300,000

COLSTEPH is a very small detached house of 70m², built sometime between 1930 and 1949. It was last sold for £300,000 in July 2017, which was around 8% below the average July 2017 detached price in the Worcester local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was D.

COLSTEPH Sold Prices

Land registry data shows three sales for COLSTEPH since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Worcester local authority area for the corresponding sale date. All of the three COLSTEPH 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
2017 20 JUL	£300,000	£327,317	8% below HPI
2006 22 NOV	£265,000	£269,883	2% below HPI
2003 15 AUG	£157,000	£208,084	25% below HPI

COLSTEPH 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 three COLSTEPH sales between August 2003 and July 2017 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 2006 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2017 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is COLSTEPH?

COLSTEPH is 70m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 10% of detached houses in Worcester, based on EPC data. The below chart shows the distribution of detached houses by size in Worcester, and where COLSTEPH lies on this distribution: 7% of detached houses are smaller than COLSTEPH, and 93% of houses are larger. Note that EPC data is not available for all properties in Worcester.

COLSTEPH: Plot and Title Map

COLSTEPH sits on a plot of roughly 0.132 of an acre, or 536m². The below map shows the location of COLSTEPH, 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 COLSTEPH). 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 COLSTEPH?

COLSTEPH is located on CORNMEADOW LANE in WORCESTER, in the WR3 postcode district. The below map shows the position of COLSTEPH on CORNMEADOW LANE.