3, CHALMERS CLOSE, WORCESTER, WR5 1SX - £415,000

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

3 CHALMERS CLOSE is a large detached house of 131m². It was last sold for £415,000 in March 2024, which was around 1% below the average March 2024 detached price in the Worcester local authority area. The most recent EPC inspection was November 2014, where the current energy rating was B, and the potential energy rating was A.

3 CHALMERS CLOSE Sold Prices

Land registry data shows four sales for 3 CHALMERS CLOSE 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. The four 3 CHALMERS CLOSE sales were a mix of below the average price, and 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 28 MAR	£415,000	£417,323	1% below HPI
2019 29 JUL	£325,000	£341,847	5% below HPI
2019 29 MAR	£335,000	£337,375	1% below HPI
2015 26 NOV	£300,000	£300,487	Close to HPI

3 CHALMERS CLOSE 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 3 CHALMERS CLOSE sales between November 2015 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 July 2019 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2024 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 3 CHALMERS CLOSE?

3 CHALMERS CLOSE is 131m² according to the EPC inspection conducted in November 2014. This puts it in the largest 30% of detached houses in Worcester, based on EPC data. The below chart shows the distribution of detached houses by size in Worcester, and where 3 CHALMERS CLOSE lies on this distribution: 72% of detached houses are smaller than 3 CHALMERS CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Worcester.

3 CHALMERS CLOSE: Plot and Title Map

3 CHALMERS CLOSE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 3 CHALMERS 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 3 CHALMERS 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 3 CHALMERS CLOSE?

3 CHALMERS CLOSE is located in WORCESTER, in the WR5 postcode district. The below map shows the position of No. 3 on CHALMERS CLOSE.