15, OTLEY CLOSE, WORCESTER, WR4 0BJ - £240,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 OTLEY CLOSE is a small detached house of 93m², built sometime between 1976 and 1982. It was last sold for £240,000 in April 2020, which was around 29% below the average April 2020 detached price in the Worcester local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

15 OTLEY CLOSE Sold Prices

Land registry data shows two sales for 15 OTLEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Worcester local authority area for the corresponding sale date. Both of the two 15 OTLEY CLOSE sales were for below 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
2020 17 APR	£240,000	£338,863	29% below HPI
1997 19 DEC	£75,000	£94,879	21% below HPI

15 OTLEY 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 two 15 OTLEY CLOSE sales from December 1997 and April 2020 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 1997 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2020 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 15 OTLEY CLOSE?

15 OTLEY CLOSE is 93m² according to the EPC inspection conducted in November 2019. 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 15 OTLEY CLOSE lies on this distribution: 28% of detached houses are smaller than 15 OTLEY CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Worcester.

15 OTLEY CLOSE: Plot and Title Map

15 OTLEY CLOSE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 15 OTLEY 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 15 OTLEY 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 15 OTLEY CLOSE?

15 OTLEY CLOSE is located in WORCESTER, in the WR4 postcode district. The below map shows the position of No. 15 on OTLEY CLOSE.