2, PIKE CLOSE, WORCESTER, WR5 3FH - £272,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 PIKE CLOSE is a midsized semi-detached house of 107m², built sometime from 2007 onwards, which could now be worth an estimated £350,202. It was last sold for £272,000 in January 2020, which was around 29% above the average January 2020 semi-detached price in the Worcester local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

2 PIKE CLOSE Sold Prices

Land registry data shows three sales for 2 PIKE 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 Worcester local authority area for the corresponding sale date. All of the three 2 PIKE CLOSE sales were for 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
2020 24 JAN	£272,000	£211,183	29% above HPI
2016 8 NOV	£238,000	£194,463	22% above HPI
2008 6 JUN	£237,995	£172,201	38% above HPI

2 PIKE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Worcester local authority area over time, sourced from the HPI. The three 2 PIKE CLOSE sales between June 2008 and January 2020 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 November 2016 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the January 2020 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 2 PIKE CLOSE be worth now?

2 PIKE CLOSE might now be worth an estimated £350,202.

This is based on house price inflation of 28.8%, between January 2020 and February 2025, for semi-detached houses, in the Worcester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.8% inflationary increase is applied to the most recent sale price for 2 PIKE CLOSE of £272,000 on 24th January 2020. For the value to have increased from £272,000 to £350,202 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 PIKE CLOSE has moved in line with the HPI for semi-detached houses in the Worcester local authority area.
• The January 2020 sale price of £272,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PIKE CLOSE has not materially changed since January 2020.

How Large is 2 PIKE CLOSE?

2 PIKE CLOSE is 107m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 50% 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 PIKE CLOSE lies on this distribution: 43% of semi-detached houses houses are smaller than 2 PIKE CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Worcester.

2 PIKE CLOSE: Plot and Title Map

2 PIKE CLOSE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 2 PIKE 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 PIKE 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 PIKE CLOSE?

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