3, NEASON CLOSE, WORCESTER, WR4 0PX - £270,000

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 NEASON CLOSE is a small extended detached house of 87m², built sometime between 1983 and 1990. It was last sold for £270,000 in June 2021, which was around 26% below the average June 2021 detached price in the Worcester local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

3 NEASON CLOSE Sold Prices

Land registry data shows six sales for 3 NEASON CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Worcester local authority area for the corresponding sale date. All of the six 3 NEASON 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
2021 25 JUN	£270,000	£364,136	26% below HPI
2018 14 DEC	£239,500	£339,954	30% below HPI
2014 22 OCT	£204,000	£280,089	27% below HPI
2000 16 JUN	£94,950	£127,573	26% below HPI
1998 20 FEB	£69,000	£95,189	28% below HPI
1995 17 FEB	£64,800	£80,308	19% below HPI

3 NEASON 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 six 3 NEASON CLOSE sales between February 1995 and June 2021 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 December 2018 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2021 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 3 NEASON CLOSE?

3 NEASON CLOSE is 87m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the smallest 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 NEASON CLOSE lies on this distribution: 21% of detached houses are smaller than 3 NEASON CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Worcester.

3 NEASON CLOSE: Plot and Title Map

3 NEASON CLOSE sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 3 NEASON 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 NEASON 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 NEASON CLOSE?

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