12, NEASON CLOSE, WORCESTER, WR4 0PX - £192,000

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.

12 NEASON CLOSE is a very small semi-detached house of 71m², built sometime between 1991 and 1995, which could now be worth an estimated £237,607. It was last sold for £192,000 in April 2021, which was around 13% below the average April 2021 semi-detached price in the Worcester local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

12 NEASON CLOSE Sold Prices

Land registry data shows two sales for 12 NEASON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Worcester local authority area for the corresponding sale date. One of the two 12 NEASON CLOSE sales was for below the average price, whilst the other was 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
2021 30 APR	£192,000	£219,711	13% below HPI
1995 28 APR	£62,500	£48,520	29% above HPI

12 NEASON CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Worcester local authority area over time, sourced from the HPI. The two 12 NEASON CLOSE sales from April 1995 and April 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 April 1995 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the April 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 12 NEASON CLOSE be worth now?

12 NEASON CLOSE might now be worth an estimated £237,607.

This is based on house price inflation of 23.8%, between April 2021 and February 2025, for semi-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 23.8% inflationary increase is applied to the most recent sale price for 12 NEASON CLOSE of £192,000 on 30th April 2021. For the value to have increased from £192,000 to £237,607 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 12 NEASON CLOSE has moved in line with the HPI for semi-detached houses in the Worcester local authority area.
• The April 2021 sale price of £192,000 represented a fair market value for the property.
• The size, condition, and specification of 12 NEASON CLOSE has not materially changed since April 2021.

How Large is 12 NEASON CLOSE?

12 NEASON CLOSE is 71m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% of semi-detached houses houses in Worcester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Worcester, and where 12 NEASON CLOSE lies on this distribution: 7% of semi-detached houses houses are smaller than 12 NEASON CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Worcester.

12 NEASON CLOSE: Plot and Title Map

12 NEASON CLOSE sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 12 NEASON 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 12 NEASON 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 12 NEASON CLOSE?

12 NEASON CLOSE is located in WORCESTER, in the WR4 postcode district. The below map shows the position of No. 12 on NEASON CLOSE.