2, ORCHID CLOSE, WORCESTER, WR5 3LY - £300,000

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

2 ORCHID CLOSE is a midsized extended detached house of 119m², built sometime between 1983 and 1990. It was last sold for £300,000 in February 2017, which was around 5% below the average February 2017 detached price in the Worcester local authority area. The most recent EPC inspection was December 2016, where the current energy rating was C, and the potential energy rating was B.

2 ORCHID CLOSE Sold Prices

Land registry data shows three sales for 2 ORCHID 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. All of the three 2 ORCHID CLOSE 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
2017 3 FEB	£300,000	£316,291	5% below HPI
2016 30 DEC	£295,000	£317,626	7% below HPI
2007 24 AUG	£237,000	£277,569	15% below HPI

2 ORCHID 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 ORCHID CLOSE sales between August 2007 and February 2017 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 December 2016 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2017 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 2 ORCHID CLOSE?

2 ORCHID CLOSE is 119m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the largest 50% 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 ORCHID CLOSE lies on this distribution: 59% of detached houses are smaller than 2 ORCHID CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Worcester.

2 ORCHID CLOSE: Plot and Title Map

2 ORCHID CLOSE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 2 ORCHID 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 ORCHID 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 ORCHID CLOSE?

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