3, PARKLAND ROAD, WORCESTER, WR3 7QW - £190,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 PARKLAND ROAD is a very small detached house of 67m², built sometime between 1950 and 1966, which could now be worth an estimated £317,984. It was last sold for £190,000 in November 2011, which was around 25% below the average November 2011 detached price in the Worcester local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

3 PARKLAND ROAD Sold Prices

Land registry data shows two sales for 3 PARKLAND ROAD 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 PARKLAND ROAD 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
2011 18 NOV	£190,000	£252,009	25% below HPI
2004 30 JUN	£205,000	£230,220	11% below HPI

3 PARKLAND ROAD 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 PARKLAND ROAD sales from June 2004 and November 2011 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 2004 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2011 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 3 PARKLAND ROAD be worth now?

3 PARKLAND ROAD might now be worth an estimated £317,984.

This is based on house price inflation of 67.4%, between November 2011 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 67.4% inflationary increase is applied to the most recent sale price for 3 PARKLAND ROAD of £190,000 on 18th November 2011. For the value to have increased from £190,000 to £317,984 over the fourteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 PARKLAND ROAD has moved in line with the HPI for detached houses in the Worcester local authority area.
• The November 2011 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PARKLAND ROAD has not materially changed since November 2011.

How Large is 3 PARKLAND ROAD?

3 PARKLAND ROAD is 67m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 10% 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 PARKLAND ROAD lies on this distribution: 5% of detached houses houses are smaller than 3 PARKLAND ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Worcester.

3 PARKLAND ROAD: Plot and Title Map

3 PARKLAND ROAD sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 3 PARKLAND ROAD, 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 PARKLAND ROAD). 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 PARKLAND ROAD?

3 PARKLAND ROAD is located in WORCESTER, in the WR3 postcode district. The below map shows the position of No. 3 on PARKLAND ROAD.