2, PORTLAND CLOSE, FERNHILL HEATH, WORCESTER, WR3 7SY - £318,750

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 PORTLAND CLOSE is a very small detached house of 84m². It was last sold for £318,750 in June 2022, which was around 33% below the average June 2022 detached price in the Wychavon local authority area. The most recent EPC inspection was February 2019, where the current energy rating was B, and the potential energy rating was A.

2 PORTLAND CLOSE Sold Prices

Land registry data shows two sales for 2 PORTLAND CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wychavon local authority area for the corresponding sale date. Both of the two 2 PORTLAND 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
2022 23 JUN	£318,750	£476,190	33% below HPI
2019 11 APR	£274,950	£396,182	31% below HPI

2 PORTLAND CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wychavon local authority area over time, sourced from the HPI. The two 2 PORTLAND CLOSE sales from April 2019 and June 2022 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 April 2019 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2022 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 2 PORTLAND CLOSE?

2 PORTLAND CLOSE is 84m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 20% of detached houses in Fernhill Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Fernhill Heath, and where 2 PORTLAND CLOSE lies on this distribution: 12% of detached houses are smaller than 2 PORTLAND CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Fernhill Heath.

2 PORTLAND CLOSE: Plot and Title Map

2 PORTLAND CLOSE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 2 PORTLAND 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 PORTLAND 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 PORTLAND CLOSE?

2 PORTLAND CLOSE is located in FERNHILL HEATH, in the WR3 postcode district. The below map shows the position of No. 2 on PORTLAND CLOSE.