2, SORRELL CLOSE, CLAINES, WORCESTER, WR3 7LL - £225,000

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.

2 SORRELL CLOSE is a very small detached house of 57m², built sometime between 1996 and 2002, which could now be worth an estimated £369,421. It was last sold for £225,000 in December 2011, which was around 23% below the average December 2011 detached price in the Wychavon local authority area. The most recent EPC inspection was April 2011, where the current energy rating was C, and the potential energy rating was C.

2 SORRELL CLOSE Sold Prices

Land registry data shows two sales for 2 SORRELL 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 Wychavon local authority area for the corresponding sale date. Both of the two 2 SORRELL 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
2011 16 DEC	£225,000	£293,788	23% below HPI
2001 7 DEC	£140,000	£179,635	22% below HPI

2 SORRELL CLOSE 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 2 SORRELL CLOSE sales from December 2001 and December 2011 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 December 2001 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2011 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 2 SORRELL CLOSE be worth now?

2 SORRELL CLOSE might now be worth an estimated £369,421.

This is based on house price inflation of 64.2%, between December 2011 and May 2026, for detached houses, in the Wychavon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 64.2% inflationary increase is applied to the most recent sale price for 2 SORRELL CLOSE of £225,000 on 16th December 2011. For the value to have increased from £225,000 to £369,421 over the fifteen years and seven months to May 2026, the following assumptions must hold true:

• The value of 2 SORRELL CLOSE has moved in line with the HPI for detached houses in the Wychavon local authority area.
• The December 2011 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SORRELL CLOSE has not materially changed since December 2011.

How Large is 2 SORRELL CLOSE?

2 SORRELL CLOSE is 57m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 10% 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 2 SORRELL CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 2 SORRELL CLOSE, and more than 99% of detached houses are larger. Note that EPC data is not available for all properties in Fernhill Heath.