2, HOMEFIELD ROAD, WORCESTER, WR2 4AQ - £325,000

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

2 HOMEFIELD ROAD is a small detached house of 87m², built sometime between 1900 and 1929. It was last sold for £325,000 in February 2021, which was around 8% below the average February 2021 detached price in the Worcester local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

2 HOMEFIELD ROAD Sold Prices

Land registry data shows two sales for 2 HOMEFIELD ROAD 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 2 HOMEFIELD ROAD 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
2021 4 FEB	£325,000	£351,396	8% below HPI
2014 24 OCT	£225,000	£280,089	20% below HPI

2 HOMEFIELD ROAD 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 2 HOMEFIELD ROAD sales from October 2014 and February 2021 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 October 2014 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2021 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 2 HOMEFIELD ROAD?

2 HOMEFIELD ROAD is 87m² according to the EPC inspection conducted in September 2020. 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 2 HOMEFIELD ROAD lies on this distribution: 21% of detached houses are smaller than 2 HOMEFIELD ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Worcester.

2 HOMEFIELD ROAD: Plot and Title Map

2 HOMEFIELD ROAD sits on a plot of roughly 0.166 of an acre, or 673m². The below map shows the location of 2 HOMEFIELD ROAD, 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 2 HOMEFIELD ROAD). 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 2 HOMEFIELD ROAD?

2 HOMEFIELD ROAD is located in WORCESTER, in the WR2 postcode district. The below map shows the position of No. 2 on HOMEFIELD ROAD.