15, CHARTER PLACE, WORCESTER, WR1 3BX - £232,500

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.

15 CHARTER PLACE is a small extended detached house of 93m², built sometime between 1983 and 1990, which could now be worth an estimated £380,371. It was last sold for £232,500 in August 2012, which was around 10% below the average August 2012 detached price in the Worcester local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was B.

15 CHARTER PLACE Sold Prices

Land registry data shows three sales for 15 CHARTER PLACE 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. One of the three 15 CHARTER PLACE sales was for below the average price, whilst two 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
2012 20 AUG	£232,500	£257,800	10% below HPI
2001 12 DEC	£165,000	£155,811	6% above HPI
1998 3 JUL	£126,500	£98,914	28% above HPI

15 CHARTER 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 three 15 CHARTER PLACE sales between July 1998 and August 2012 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 December 2001 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the August 2012 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 15 CHARTER PLACE be worth now?

15 CHARTER PLACE might now be worth an estimated £380,371.

This is based on house price inflation of 63.6%, between August 2012 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 63.6% inflationary increase is applied to the most recent sale price for 15 CHARTER PLACE of £232,500 on 20th August 2012. For the value to have increased from £232,500 to £380,371 over the thirteen years and six months to February 2025, the following assumptions must hold true:

• The value of 15 CHARTER PLACE has moved in line with the HPI for detached houses in the Worcester local authority area.
• The August 2012 sale price of £232,500 represented a fair market value for the property.
• The size, condition, and specification of 15 CHARTER PLACE has not materially changed since August 2012.

How Large is 15 CHARTER PLACE?

15 CHARTER PLACE is 93m², which includes one extension, according to the EPC inspection conducted in December 2022. 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 15 CHARTER PLACE lies on this distribution: 28% of detached houses houses are smaller than 15 CHARTER PLACE, and 71% of houses are larger. Note that EPC data is not available for all properties in Worcester.

15 CHARTER PLACE: Plot and Title Map

15 CHARTER PLACE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 15 CHARTER 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 15 CHARTER 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 15 CHARTER PLACE?

15 CHARTER PLACE is located in WORCESTER, in the WR1 postcode district. The below map shows the position of No. 15 on CHARTER PLACE.