3, PALMERS GREEN, WORCESTER, WR2 4JY - £385,000

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 PALMERS GREEN is a large detached house of 143m², built sometime between 1991 and 1995. It was last sold for £385,000 in October 2018, which was around 12% above the average October 2018 detached price in the Worcester local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

3 PALMERS GREEN Sold Prices

Land registry data shows five sales for 3 PALMERS GREEN since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Worcester local authority area for the corresponding sale date. All of the five 3 PALMERS GREEN sales were for above 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
2018 23 OCT	£385,000	£344,187	12% above HPI
2007 11 MAY	£316,000	£280,667	13% above HPI
2002 22 AUG	£215,000	£182,233	18% above HPI
2002 28 FEB	£195,000	£162,503	20% above HPI
1995 28 JUL	£110,000	£79,678	38% above HPI

3 PALMERS GREEN 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 five 3 PALMERS GREEN sales between July 1995 and October 2018 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 May 2007 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the October 2018 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 3 PALMERS GREEN?

3 PALMERS GREEN is 143m² according to the EPC inspection conducted in June 2018. This puts it in the largest 20% 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 PALMERS GREEN lies on this distribution: 80% of detached houses are smaller than 3 PALMERS GREEN, and 20% of houses are larger. Note that EPC data is not available for all properties in Worcester.

3 PALMERS GREEN: Plot and Title Map

3 PALMERS GREEN sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 3 PALMERS GREEN, 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 PALMERS GREEN). 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 PALMERS GREEN?

3 PALMERS GREEN is located in WORCESTER, in the WR2 postcode district. The below map shows the position of No. 3 on PALMERS GREEN.