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

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.

1 REEDHAM CLOSE is a very large detached house of 148m², built sometime between 1983 and 1990, which could now be worth an estimated £627,801. It was last sold for £495,000 in September 2019, which was around 49% 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	£332,545	49% above HPI
1999 15 JAN	£155,000	£99,730	55% 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 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the September 2019 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 1 REEDHAM CLOSE be worth now?

1 REEDHAM CLOSE might now be worth an estimated £627,801.

This is based on house price inflation of 26.8%, between September 2019 and February 2025, for detached 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 26.8% inflationary increase is applied to the most recent sale price for 1 REEDHAM CLOSE of £495,000 on 27th September 2019. For the value to have increased from £495,000 to £627,801 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 REEDHAM CLOSE has moved in line with the HPI for detached houses in the Worcester local authority area.
• The September 2019 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 1 REEDHAM CLOSE has not materially changed since September 2019.

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 houses in Worcester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Worcester, and where 1 REEDHAM CLOSE lies on this distribution: 82% of detached houses 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.