41, CORNMEADOW LANE, WORCESTER, WR3 7PL - £250,000

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.

41 CORNMEADOW LANE is a large extended terraced house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £324,722. It was last sold for £250,000 in August 2018, which was around 41% above the average August 2018 terraced price in the Worcester local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

41 CORNMEADOW LANE Sold Prices

Land registry data shows one sale for 41 CORNMEADOW LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Worcester local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 16 AUG	£250,000	£177,408	41% above HPI

What might 41 CORNMEADOW LANE be worth now?

41 CORNMEADOW LANE might now be worth an estimated £324,722.

This is based on house price inflation of 29.9%, between August 2018 and May 2026, for terraced 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 29.9% inflationary increase is applied to the most recent sale price for 41 CORNMEADOW LANE of £250,000 on 16th August 2018. For the value to have increased from £250,000 to £324,722 over the eight years and three months to May 2026, the following assumptions must hold true:

• The value of 41 CORNMEADOW LANE has moved in line with the HPI for terraced houses in the Worcester local authority area.
• The August 2018 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 41 CORNMEADOW LANE has not materially changed since August 2018.

How Large is 41 CORNMEADOW LANE?

41 CORNMEADOW LANE is 90m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the largest 30% of terraced houses in Worcester, based on EPC data. The below chart shows the distribution of terraced houses by size in Worcester, and where 41 CORNMEADOW LANE lies on this distribution: 70% of terraced houses are smaller than 41 CORNMEADOW LANE, and 29% of terraced houses are larger. Note that EPC data is not available for all properties in Worcester.

41 CORNMEADOW LANE: Plot

41 CORNMEADOW LANE sits on a plot of roughly 0.075 of an acre, or 302m².

Where is 41 CORNMEADOW LANE?

41 CORNMEADOW LANE is located in WORCESTER, in the WR3 postcode district.