1, REEDHAM CLOSE, WORCESTER, WR3 7BQ - £495,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 REEDHAM CLOSE is a very large detached house of 148m², built sometime between 1983 and 1990. It was last sold for £495,000 in September 2019, which was around 46% above the average September 2019 detached price in the Worcester local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was C.

1 REEDHAM CLOSE Sold Prices

Land registry data shows two sales for 1 REEDHAM 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 1 REEDHAM CLOSE sales were for above 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
2019 27 SEP	£495,000	£338,204	46% above HPI
1999 15 JAN	£155,000	£101,427	53% above HPI

1 REEDHAM 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 1 REEDHAM CLOSE sales from January 1999 and September 2019 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 January 1999 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the September 2019 sale, where it falls to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is 1 REEDHAM CLOSE?

1 REEDHAM CLOSE is 148m² according to the EPC inspection conducted in June 2019. This puts it in the largest 20% of detached houses in Worcester, based on EPC data. The below chart shows the distribution of detached houses by size in Worcester, and where 1 REEDHAM CLOSE lies on this distribution: 82% of detached houses are smaller than 1 REEDHAM CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Worcester.

1 REEDHAM CLOSE: Plot and Title Map

1 REEDHAM CLOSE sits on a plot of roughly 0.219 of an acre, or 885m². The below map shows the location of 1 REEDHAM 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 1 REEDHAM 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 1 REEDHAM CLOSE?

1 REEDHAM CLOSE is located in WORCESTER, in the WR3 postcode district. The below map shows the position of No. 1 on REEDHAM CLOSE.