14, LOBELIA CLOSE, WORCESTER, WR5 3RR - £265,000

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.

14 LOBELIA CLOSE is a very small semi-detached house of 69m², built sometime between 1991 and 1995, which could now be worth an estimated £343,336. It was last sold for £265,000 in May 2019, which was around 26% above the average May 2019 semi-detached price in the Worcester local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

14 LOBELIA CLOSE Sold Prices

Land registry data shows four sales for 14 LOBELIA CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Worcester local authority area for the corresponding sale date. All of the four 14 LOBELIA CLOSE sales were 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
2019 10 MAY	£265,000	£209,863	26% above HPI
2007 17 APR	£225,000	£173,046	30% above HPI
2003 19 SEP	£174,950	£124,173	41% above HPI
2003 23 MAY	£170,000	£121,083	40% above HPI

14 LOBELIA 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 four 14 LOBELIA CLOSE sales between May 2003 and May 2019 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 2007 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the May 2019 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 14 LOBELIA CLOSE be worth now?

14 LOBELIA CLOSE might now be worth an estimated £343,336.

This is based on house price inflation of 29.6%, between May 2019 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 29.6% inflationary increase is applied to the most recent sale price for 14 LOBELIA CLOSE of £265,000 on 10th May 2019. For the value to have increased from £265,000 to £343,336 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 14 LOBELIA CLOSE has moved in line with the HPI for semi-detached houses in the Worcester local authority area.
• The May 2019 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 14 LOBELIA CLOSE has not materially changed since May 2019.

How Large is 14 LOBELIA CLOSE?

14 LOBELIA CLOSE is 69m² according to the EPC inspection conducted in May 2018. 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 14 LOBELIA CLOSE lies on this distribution: 6% of semi-detached houses houses are smaller than 14 LOBELIA CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Worcester.

14 LOBELIA CLOSE: Plot and Title Map

14 LOBELIA CLOSE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 14 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 14 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 14 LOBELIA CLOSE?

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