3, LAUNCESTON PLACE, WORCESTER, WR4 0PZ - £215,000

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 LAUNCESTON PLACE is a small detached house of 92m², built sometime between 1991 and 1995, which could now be worth an estimated £335,600. It was last sold for £215,000 in May 2014, which was around 20% below the average May 2014 detached price in the Worcester local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

3 LAUNCESTON PLACE Sold Prices

Land registry data shows three sales for 3 LAUNCESTON PLACE 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 3 LAUNCESTON PLACE 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
2014 9 MAY	£215,000	£270,199	20% below HPI
2001 28 JUN	£120,000	£143,739	17% below HPI
1996 23 FEB	£74,950	£79,309	5% below HPI

3 LAUNCESTON PLACE 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 3 LAUNCESTON PLACE sales between February 1996 and May 2014 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 2001 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2014 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 3 LAUNCESTON PLACE be worth now?

3 LAUNCESTON PLACE might now be worth an estimated £335,600.

This is based on house price inflation of 56.1%, between May 2014 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 56.1% inflationary increase is applied to the most recent sale price for 3 LAUNCESTON PLACE of £215,000 on 9th May 2014. For the value to have increased from £215,000 to £335,600 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of 3 LAUNCESTON PLACE has moved in line with the HPI for detached houses in the Worcester local authority area.
• The May 2014 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LAUNCESTON PLACE has not materially changed since May 2014.

How Large is 3 LAUNCESTON PLACE?

3 LAUNCESTON PLACE is 92m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 30% 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 LAUNCESTON PLACE lies on this distribution: 28% of detached houses houses are smaller than 3 LAUNCESTON PLACE, and 72% of houses are larger. Note that EPC data is not available for all properties in Worcester.

3 LAUNCESTON PLACE: Plot and Title Map

3 LAUNCESTON PLACE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 3 LAUNCESTON PLACE, 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 LAUNCESTON PLACE). 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 LAUNCESTON PLACE?

3 LAUNCESTON PLACE is located in WORCESTER, in the WR4 postcode district. The below map shows the position of No. 3 on LAUNCESTON PLACE.