2, PEACOCK CLOSE, WORCESTER, WR5 3TE - £250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 PEACOCK CLOSE is a very small semi-detached house of 67m², built sometime between 1983 and 1990, which could now be worth an estimated £272,618. It was last sold for £250,000 in September 2021, which was around 4% below the average September 2021 semi-detached price in the Wychavon local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

2 PEACOCK CLOSE Sold Prices

Land registry data shows three sales for 2 PEACOCK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Wychavon local authority area for the corresponding sale date. All of the three 2 PEACOCK 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
2021 30 SEP	£250,000	£261,048	4% below HPI
2005 28 JAN	£145,000	£172,251	16% below HPI
2001 2 MAR	£83,500	£89,575	7% below HPI

2 PEACOCK CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wychavon local authority area over time, sourced from the HPI. The three 2 PEACOCK CLOSE sales between March 2001 and September 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 January 2005 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2021 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 2 PEACOCK CLOSE be worth now?

2 PEACOCK CLOSE might now be worth an estimated £272,618.

This is based on house price inflation of 9%, between September 2021 and February 2025, for semi-detached houses, in the Wychavon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9% inflationary increase is applied to the most recent sale price for 2 PEACOCK CLOSE of £250,000 on 30th September 2021. For the value to have increased from £250,000 to £272,618 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 PEACOCK CLOSE has moved in line with the HPI for semi-detached houses in the Wychavon local authority area.
• The September 2021 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PEACOCK CLOSE has not materially changed since September 2021.

How Large is 2 PEACOCK CLOSE?

2 PEACOCK CLOSE is 67m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% of semi-detached houses houses in Worcester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Worcester, and where 2 PEACOCK CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 2 PEACOCK CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Worcester.

2 PEACOCK CLOSE: Plot and Title Map

2 PEACOCK CLOSE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 2 PEACOCK 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 PEACOCK 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 PEACOCK CLOSE?

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