14, LANCING CLOSE, WORCESTER, WR5 2HT - £370,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

14 LANCING CLOSE is a small extended detached house of 89m², built sometime between 1967 and 1975, which could now be worth an estimated £374,901. It was last sold for £370,000 in October 2022, which was around 11% below the average October 2022 detached price in the Worcester local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

14 LANCING CLOSE Sold Prices

Land registry data shows three sales for 14 LANCING CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Worcester local authority area for the corresponding sale date. Two of the three 14 LANCING CLOSE sales were for below the average price, whilst one 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
2022 7 OCT	£370,000	£417,794	11% below HPI
2003 24 NOV	£249,950	£214,010	17% above HPI
2000 19 OCT	£92,500	£134,040	31% below HPI

14 LANCING 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 three 14 LANCING CLOSE sales between October 2000 and October 2022 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 November 2003 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the October 2022 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 14 LANCING CLOSE be worth now?

14 LANCING CLOSE might now be worth an estimated £374,901.

This is based on house price inflation of 1.3%, between October 2022 and December 2024, 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 1.3% inflationary increase is applied to the most recent sale price for 14 LANCING CLOSE of £370,000 on 7th October 2022. For the value to have increased from £370,000 to £374,901 over the one year and ten months to December 2024, the following assumptions must hold true:

• The value of 14 LANCING CLOSE has moved in line with the HPI for detached houses in the Worcester local authority area.
• The October 2022 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 14 LANCING CLOSE has not materially changed since October 2022.

How Large is 14 LANCING CLOSE?

14 LANCING CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the smallest 30% 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 14 LANCING CLOSE lies on this distribution: 24% of detached houses houses are smaller than 14 LANCING CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Worcester.

14 LANCING CLOSE: Plot and Title Map

14 LANCING CLOSE sits on a plot of roughly 0.145 of an acre, or 586m². The below map shows the location of 14 LANCING 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 14 LANCING 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 14 LANCING CLOSE?

14 LANCING CLOSE is located in WORCESTER, in the WR5 postcode district. The below map shows the position of No. 14 on LANCING CLOSE.