16, PACKHORSE CLOSE, WORCESTER, WR2 6AG - £425,000

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

16 PACKHORSE CLOSE is a large detached house of 127m², built sometime between 1996 and 2002. It was last sold for £425,000 in February 2024, which was around 1% above the average February 2024 detached price in the Worcester local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was C.

16 PACKHORSE CLOSE Sold Prices

Land registry data shows four sales for 16 PACKHORSE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Worcester local authority area for the corresponding sale date. All of the four 16 PACKHORSE CLOSE sales 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
2024 26 FEB	£425,000	£419,414	1% above HPI
2007 26 FEB	£300,000	£270,394	11% above HPI
2003 30 MAY	£260,000	£208,976	24% above HPI
1999 13 APR	£137,000	£103,521	32% above HPI

16 PACKHORSE 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 four 16 PACKHORSE CLOSE sales between April 1999 and February 2024 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 February 2007 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the February 2024 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 16 PACKHORSE CLOSE?

16 PACKHORSE CLOSE is 127m² according to the EPC inspection conducted in October 2023. This puts it in the largest 40% of detached houses in Worcester, based on EPC data. The below chart shows the distribution of detached houses by size in Worcester, and where 16 PACKHORSE CLOSE lies on this distribution: 68% of detached houses are smaller than 16 PACKHORSE CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Worcester.

16 PACKHORSE CLOSE: Plot and Title Map

16 PACKHORSE CLOSE sits on a plot of roughly 0.143 of an acre, or 577m². The below map shows the location of 16 PACKHORSE 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 PACKHORSE 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 PACKHORSE CLOSE?

16 PACKHORSE CLOSE is located in WORCESTER, in the WR2 postcode district. The below map shows the position of No. 16 on PACKHORSE CLOSE.