3, CHUB CLOSE, WORCESTER, WR5 3FG - £242,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 CHUB CLOSE is a midsized detached house of 109m², built sometime from 2007 onwards, which could now be worth an estimated £412,447. It was last sold for £242,500 in May 2010, which was around 2% below the average May 2010 detached price in the Worcester local authority area. The most recent EPC inspection was December 2009, where the current energy rating was C, and the potential energy rating was B.

3 CHUB CLOSE Sold Prices

Land registry data shows two sales for 3 CHUB 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 Worcester local authority area for the corresponding sale date. Both of the two 3 CHUB 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
2010 12 MAY	£242,500	£247,977	2% below HPI
2008 30 JUN	£249,995	£274,286	9% below HPI

3 CHUB 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 two 3 CHUB CLOSE sales from June 2008 and May 2010 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 2008 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2010 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 3 CHUB CLOSE be worth now?

3 CHUB CLOSE might now be worth an estimated £412,447.

This is based on house price inflation of 70.1%, between May 2010 and February 2025, for detached houses, in the Worcester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 70.1% inflationary increase is applied to the most recent sale price for 3 CHUB CLOSE of £242,500 on 12th May 2010. For the value to have increased from £242,500 to £412,447 over the fifteen years and three months to February 2025, the following assumptions must hold true:

• The value of 3 CHUB CLOSE has moved in line with the HPI for detached houses in the Worcester local authority area.
• The May 2010 sale price of £242,500 represented a fair market value for the property.
• The size, condition, and specification of 3 CHUB CLOSE has not materially changed since May 2010.

How Large is 3 CHUB CLOSE?

3 CHUB CLOSE is 109m² according to the EPC inspection conducted in December 2009. This puts it in the smallest 50% of detached houses houses in Worcester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Worcester, and where 3 CHUB CLOSE lies on this distribution: 46% of detached houses houses are smaller than 3 CHUB CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Worcester.

3 CHUB CLOSE: Plot and Title Map

3 CHUB CLOSE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 3 CHUB 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 CHUB 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 CHUB CLOSE?

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