16, BALMORAL CLOSE, FERNHILL HEATH, WORCESTER, WR3 7XQ - £267,500

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

16 BALMORAL CLOSE is a small detached house of 109m², built sometime between 1983 and 1990. It was last sold for £267,500 in April 2011, which was around 10% below the average April 2011 detached price in the Wychavon local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

16 BALMORAL CLOSE Sold Prices

Land registry data shows two sales for 16 BALMORAL 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 Wychavon local authority area for the corresponding sale date. One of the two 16 BALMORAL CLOSE sales was for below the average price, whilst the other 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
2011 27 APR	£267,500	£297,841	10% below HPI
1996 24 JUL	£115,000	£101,328	13% above HPI

16 BALMORAL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wychavon local authority area over time, sourced from the HPI. The two 16 BALMORAL CLOSE sales from July 1996 and April 2011 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 July 1996 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the April 2011 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 16 BALMORAL CLOSE?

16 BALMORAL CLOSE is 109m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 40% of detached houses in Fernhill Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Fernhill Heath, and where 16 BALMORAL CLOSE lies on this distribution: 32% of detached houses are smaller than 16 BALMORAL CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Fernhill Heath.

16 BALMORAL CLOSE: Plot and Title Map

16 BALMORAL CLOSE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 16 BALMORAL 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 16 BALMORAL 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 16 BALMORAL CLOSE?

16 BALMORAL CLOSE is located in FERNHILL HEATH, in the WR3 postcode district. The below map shows the position of No. 16 on BALMORAL CLOSE.