2, PACKHORSE CLOSE, WORCESTER, WR2 6AG - £129,950

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 PACKHORSE CLOSE is a very small detached house of 83m², built sometime between 1996 and 2002. It was last sold for £129,950 in February 2002, which was around 20% below the average February 2002 detached price in the Worcester local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

2 PACKHORSE CLOSE Sold Prices

Land registry data shows three sales for 2 PACKHORSE 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 PACKHORSE 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
2002 15 FEB	£129,950	£162,503	20% below HPI
1999 30 JUL	£92,500	£108,587	15% below HPI
1997 30 MAY	£80,000	£90,569	12% below HPI

2 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 three 2 PACKHORSE CLOSE sales between May 1997 and February 2002 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 1999 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the February 2002 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 2 PACKHORSE CLOSE?

2 PACKHORSE CLOSE is 83m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 20% 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 PACKHORSE CLOSE lies on this distribution: 16% of detached houses are smaller than 2 PACKHORSE CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Worcester.

2 PACKHORSE CLOSE: Plot and Title Map

2 PACKHORSE CLOSE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 2 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 2 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 2 PACKHORSE CLOSE?

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