27, ADDISON ROAD, WORCESTER, WR3 8EA - £340,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

27 ADDISON ROAD is a small extended detached house of 97m², built sometime between 1996 and 2002. It was last sold for £340,000 in December 2023, which was around 20% below the average December 2023 detached price in the Worcester local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.

27 ADDISON ROAD Sold Prices

Land registry data shows three sales for 27 ADDISON ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Worcester local authority area for the corresponding sale date. All of the three 27 ADDISON ROAD 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
2023 4 DEC	£340,000	£426,705	20% below HPI
2004 28 JUN	£195,000	£234,137	17% below HPI
2001 14 DEC	£139,950	£158,462	12% below HPI

27 ADDISON ROAD 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 three 27 ADDISON ROAD sales between December 2001 and December 2023 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 June 2004 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the December 2023 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 27 ADDISON ROAD?

27 ADDISON ROAD is 97m², which includes four extensions, according to the EPC inspection conducted in June 2023. This puts it in the smallest 40% of detached houses in Worcester, based on EPC data. The below chart shows the distribution of detached houses by size in Worcester, and where 27 ADDISON ROAD lies on this distribution: 33% of detached houses are smaller than 27 ADDISON ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Worcester.

27 ADDISON ROAD: Plot and Title Map

27 ADDISON ROAD sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 27 ADDISON ROAD, 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 27 ADDISON ROAD). 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 27 ADDISON ROAD?

27 ADDISON ROAD is located in WORCESTER, in the WR3 postcode district. The below map shows the position of No. 27 on ADDISON ROAD.