2, LOBELIA CLOSE, WORCESTER, WR5 3RR - £295,000

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 LOBELIA CLOSE is a small detached house of 102m², built sometime between 1983 and 1990. It was last sold for £295,000 in June 2016, which was around 2% below the average June 2016 detached price in the Worcester local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

2 LOBELIA CLOSE Sold Prices

Land registry data shows three sales for 2 LOBELIA CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Worcester local authority area for the corresponding sale date. The three 2 LOBELIA CLOSE sales were a mix of below the average price, roughly equal to the average price, and 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
2016 3 JUN	£295,000	£301,792	2% below HPI
1995 21 APR	£83,500	£82,412	1% above HPI
1995 28 FEB	£80,000	£80,308	Close to HPI

2 LOBELIA 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 three 2 LOBELIA CLOSE sales between February 1995 and June 2016 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 April 1995 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2016 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 2 LOBELIA CLOSE?

2 LOBELIA CLOSE is 102m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 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 2 LOBELIA CLOSE lies on this distribution: 38% of detached houses are smaller than 2 LOBELIA CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Worcester.

2 LOBELIA CLOSE: Plot and Title Map

2 LOBELIA CLOSE sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 2 LOBELIA 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 2 LOBELIA 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 2 LOBELIA CLOSE?

2 LOBELIA CLOSE is located in WORCESTER, in the WR5 postcode district. The below map shows the position of No. 2 on LOBELIA CLOSE.