23, SHERWOOD LANE, WORCESTER, WR2 4NU - £495,000

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

23 SHERWOOD LANE is a very large extended detached house of 157m², built sometime between 1976 and 1982. It was last sold for £495,000 in March 2024, which was around 19% above the average March 2024 detached price in the Worcester local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was C.

23 SHERWOOD LANE Sold Prices

Land registry data shows two sales for 23 SHERWOOD LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Worcester local authority area for the corresponding sale date. One of the two 23 SHERWOOD LANE sales was for above the average price, whilst the other was roughly equal to 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
2024 22 MAR	£495,000	£417,323	19% above HPI
2005 15 FEB	£249,950	£250,781	Close to HPI

23 SHERWOOD LANE 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 two 23 SHERWOOD LANE sales from February 2005 and March 2024 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 February 2005 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the March 2024 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 23 SHERWOOD LANE?

23 SHERWOOD LANE is 157m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the largest 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 23 SHERWOOD LANE lies on this distribution: 86% of detached houses are smaller than 23 SHERWOOD LANE, and 14% of houses are larger. Note that EPC data is not available for all properties in Worcester.

23 SHERWOOD LANE: Plot and Title Map

23 SHERWOOD LANE sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of 23 SHERWOOD LANE, 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 23 SHERWOOD LANE). 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 23 SHERWOOD LANE?

23 SHERWOOD LANE is located in WORCESTER, in the WR2 postcode district. The below map shows the position of No. 23 on SHERWOOD LANE.