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

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

16 BALMORAL CLOSE is a small detached house of 109m², built sometime between 1983 and 1990, which could now be worth an estimated £433,694. It was last sold for £267,500 in April 2011, which was around 9% 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	£293,048	9% below HPI
1996 24 JUL	£115,000	£99,697	15% 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 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the April 2011 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 16 BALMORAL CLOSE be worth now?

16 BALMORAL CLOSE might now be worth an estimated £433,694.

This is based on house price inflation of 62.1%, between April 2011 and December 2024, for detached houses, in the Wychavon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 62.1% inflationary increase is applied to the most recent sale price for 16 BALMORAL CLOSE of £267,500 on 27th April 2011. For the value to have increased from £267,500 to £433,694 over the twelve years and four months to December 2024, the following assumptions must hold true:

• The value of 16 BALMORAL CLOSE has moved in line with the HPI for detached houses in the Wychavon local authority area.
• The April 2011 sale price of £267,500 represented a fair market value for the property.
• The size, condition, and specification of 16 BALMORAL CLOSE has not materially changed since April 2011.

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 houses in Fernhill Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fernhill Heath, and where 16 BALMORAL CLOSE lies on this distribution: 32% of detached houses 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.