2, PIRIE AVENUE, WORCESTER, WR4 0NE - £250,000

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 PIRIE AVENUE is a very small detached house of 85m², built sometime between 1996 and 2002. It was last sold for £250,000 in March 2020, which was around 28% below the average March 2020 detached price in the Worcester local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was B.

2 PIRIE AVENUE Sold Prices

Land registry data shows four sales for 2 PIRIE AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Worcester local authority area for the corresponding sale date. All of the four 2 PIRIE AVENUE 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
2020 31 MAR	£250,000	£345,035	28% below HPI
2005 5 AUG	£198,000	£252,312	22% below HPI
2004 15 NOV	£194,000	£244,768	21% below HPI
2001 23 AUG	£122,950	£151,541	19% below HPI

2 PIRIE AVENUE 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 four 2 PIRIE AVENUE sales between August 2001 and March 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 August 2005 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2020 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 2 PIRIE AVENUE?

2 PIRIE AVENUE is 85m² according to the EPC inspection conducted in December 2019. 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 PIRIE AVENUE lies on this distribution: 18% of detached houses are smaller than 2 PIRIE AVENUE, and 80% of houses are larger. Note that EPC data is not available for all properties in Worcester.

2 PIRIE AVENUE: Plot and Title Map

2 PIRIE AVENUE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 2 PIRIE AVENUE, 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 PIRIE AVENUE). 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 PIRIE AVENUE?

2 PIRIE AVENUE is located in WORCESTER, in the WR4 postcode district. The below map shows the position of No. 2 on PIRIE AVENUE.