5, WINDMILL CLOSE, WORCESTER, WR1 3HH - £97,500

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.

5 WINDMILL CLOSE is a very small flat of 38m², built sometime between 1991 and 1995, which could now be worth an estimated £111,260. It was last sold for £97,500 in May 2018, which was around 18% below the average May 2018 flat price in the Worcester local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was C.

5 WINDMILL CLOSE Sold Prices

Land registry data shows three sales for 5 WINDMILL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Worcester local authority area for the corresponding sale date. All of the three 5 WINDMILL 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
2018 31 MAY	£97,500	£119,382	18% below HPI
2014 2 MAY	£51,000	£100,845	49% below HPI
2003 5 DEC	£77,000	£86,241	11% below HPI

What might 5 WINDMILL CLOSE be worth now?

5 WINDMILL CLOSE might now be worth an estimated £111,260.

This is based on house price inflation of 14.1%, between May 2018 and April 2026, for flats, in the Worcester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.1% inflationary increase is applied to the most recent sale price for 5 WINDMILL CLOSE of £97,500 on 31st May 2018. For the value to have increased from £97,500 to £111,260 over the eight years and one month to April 2026, the following assumptions must hold true:

• The value of 5 WINDMILL CLOSE has moved in line with the HPI for flats in the Worcester local authority area.
• The May 2018 sale price of £97,500 represented a fair market value for the property.
• The size, condition, and specification of 5 WINDMILL CLOSE has not materially changed since May 2018.

How Large is 5 WINDMILL CLOSE?

5 WINDMILL CLOSE is 38m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 10% of flats in Worcester, based on EPC data. 10% of flats are smaller than 5 WINDMILL CLOSE, and 89% of flats are larger. Note that EPC data is not available for all properties in Worcester.

5 WINDMILL CLOSE: Plot

5 WINDMILL CLOSE sits on a plot of roughly 1.3 acres, or 5,422m².

Where is 5 WINDMILL CLOSE?

5 WINDMILL CLOSE is located in WORCESTER, in the WR1 postcode district.