11, LAUNCESTON PLACE, WORCESTER, WR4 0PZ - £305,000

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.

11 LAUNCESTON PLACE is a small extended detached house of 99m², built sometime between 1991 and 1995, which could now be worth an estimated £375,014. It was last sold for £305,000 in March 2021, which was around 11% below the average March 2021 detached price in the Worcester local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

11 LAUNCESTON PLACE Sold Prices

Land registry data shows six sales for 11 LAUNCESTON PLACE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Worcester local authority area for the corresponding sale date. All of the six 11 LAUNCESTON PLACE 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
2021 18 MAR	£305,000	£343,020	11% below HPI
2013 14 JUN	£212,500	£254,349	16% below HPI
2008 30 MAY	£217,500	£270,637	20% below HPI
2006 15 SEP	£225,000	£258,636	13% below HPI
2001 15 MAR	£118,000	£136,391	13% below HPI
1996 20 SEP	£79,950	£82,818	3% below HPI

11 LAUNCESTON PLACE 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 six 11 LAUNCESTON PLACE sales between September 1996 and March 2021 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 2013 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the March 2021 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 11 LAUNCESTON PLACE be worth now?

11 LAUNCESTON PLACE might now be worth an estimated £375,014.

This is based on house price inflation of 23%, between March 2021 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 23% inflationary increase is applied to the most recent sale price for 11 LAUNCESTON PLACE of £305,000 on 18th March 2021. For the value to have increased from £305,000 to £375,014 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 11 LAUNCESTON PLACE has moved in line with the HPI for detached houses in the Worcester local authority area.
• The March 2021 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 11 LAUNCESTON PLACE has not materially changed since March 2021.

How Large is 11 LAUNCESTON PLACE?

11 LAUNCESTON PLACE is 99m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the smallest 40% 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 11 LAUNCESTON PLACE lies on this distribution: 35% of detached houses houses are smaller than 11 LAUNCESTON PLACE, and 64% of houses are larger. Note that EPC data is not available for all properties in Worcester.

11 LAUNCESTON PLACE: Plot and Title Map

11 LAUNCESTON PLACE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 11 LAUNCESTON PLACE, 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 11 LAUNCESTON PLACE). 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 11 LAUNCESTON PLACE?

11 LAUNCESTON PLACE is located in WORCESTER, in the WR4 postcode district. The below map shows the position of No. 11 on LAUNCESTON PLACE.