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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

14 LANCING CLOSE is a small extended detached house of 89m², built sometime between 1967 and 1975. It was last sold for £370,000 in October 2022, which was around 13% 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	£424,903	13% below HPI
2003 24 NOV	£249,950	£217,652	15% above HPI
2000 19 OCT	£92,500	£136,321	32% 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 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the October 2022 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

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 in Worcester, based on EPC data. The below chart shows the distribution of detached houses by size in Worcester, and where 14 LANCING CLOSE lies on this distribution: 24% of detached 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.