15, RESERVOIR LANE, WORCESTER, WR3 8NQ - £148,250

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

15 RESERVOIR LANE is a small detached house of 89m², built sometime between 1950 and 1966, which could now be worth an estimated £276,893. It was last sold for £148,250 in May 2009, which was around 34% below the average May 2009 detached price in the Worcester local authority area. The most recent EPC inspection was December 2008, where the current energy rating was D, and the potential energy rating was D.

15 RESERVOIR LANE Sold Prices

Land registry data shows two sales for 15 RESERVOIR LANE 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 RESERVOIR LANE 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
2009 8 MAY	£148,250	£225,814	34% below HPI
1998 30 MAR	£65,000	£93,452	30% below HPI

15 RESERVOIR LANE 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 RESERVOIR LANE sales from March 1998 and May 2009 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 March 1998 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2009 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 15 RESERVOIR LANE be worth now?

15 RESERVOIR LANE might now be worth an estimated £276,893.

This is based on house price inflation of 86.8%, between May 2009 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 86.8% inflationary increase is applied to the most recent sale price for 15 RESERVOIR LANE of £148,250 on 8th May 2009. For the value to have increased from £148,250 to £276,893 over the sixteen years and three months to February 2025, the following assumptions must hold true:

• The value of 15 RESERVOIR LANE has moved in line with the HPI for detached houses in the Worcester local authority area.
• The May 2009 sale price of £148,250 represented a fair market value for the property.
• The size, condition, and specification of 15 RESERVOIR LANE has not materially changed since May 2009.

How Large is 15 RESERVOIR LANE?

15 RESERVOIR LANE is 89m² according to the EPC inspection conducted in December 2008. 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 RESERVOIR LANE lies on this distribution: 25% of detached houses houses are smaller than 15 RESERVOIR LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in Worcester.

15 RESERVOIR LANE: Plot and Title Map

15 RESERVOIR LANE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 15 RESERVOIR LANE, 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 RESERVOIR LANE). 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 RESERVOIR LANE?

15 RESERVOIR LANE is located in WORCESTER, in the WR3 postcode district. The below map shows the position of No. 15 on RESERVOIR LANE.