10, LOBELIA CLOSE, WORCESTER, WR5 3RR - £225,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

10 LOBELIA CLOSE is a very small detached house of 70m², built sometime between 1983 and 1990. It was last sold for £225,000 in March 2012, which was around 12% below the average March 2012 detached price in the Worcester local authority area. The most recent EPC inspection was December 2008, where the current energy rating was E, and the potential energy rating was C.

10 LOBELIA CLOSE Sold Prices

Land registry data shows two sales for 10 LOBELIA 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 10 LOBELIA 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
2012 12 MAR	£225,000	£255,606	12% below HPI
2009 17 JUN	£186,500	£232,608	20% below HPI

10 LOBELIA 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 10 LOBELIA CLOSE sales from June 2009 and March 2012 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 June 2009 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2012 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 10 LOBELIA CLOSE?

10 LOBELIA CLOSE is 70m² according to the EPC inspection conducted in December 2008. This puts it in the smallest 10% of detached houses in Worcester, based on EPC data. The below chart shows the distribution of detached houses by size in Worcester, and where 10 LOBELIA CLOSE lies on this distribution: 6% of detached houses are smaller than 10 LOBELIA CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Worcester.

10 LOBELIA CLOSE: Plot and Title Map

10 LOBELIA CLOSE sits on a plot of roughly 0.092 of an acre, or 370m². The below map shows the location of 10 LOBELIA 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 10 LOBELIA 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 10 LOBELIA CLOSE?

10 LOBELIA CLOSE is located in WORCESTER, in the WR5 postcode district. The below map shows the position of No. 10 on LOBELIA CLOSE.