31, BALMORAL CLOSE, FERNHILL HEATH, WORCESTER, WR3 7XQ - £265,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

31 BALMORAL CLOSE is a small extended detached house of 96m², built sometime between 1996 and 2002. It was last sold for £265,000 in June 2019, which was around 32% below the average June 2019 detached price in the Wychavon local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

31 BALMORAL CLOSE Sold Prices

Land registry data shows three sales for 31 BALMORAL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wychavon local authority area for the corresponding sale date. All of the three 31 BALMORAL 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
2019 28 JUN	£265,000	£388,114	32% below HPI
2019 7 JUN	£275,000	£388,114	29% below HPI
2003 30 APR	£173,000	£237,388	27% below HPI

31 BALMORAL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wychavon local authority area over time, sourced from the HPI. The three 31 BALMORAL CLOSE sales between April 2003 and June 2019 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 2019 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2019 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 31 BALMORAL CLOSE?

31 BALMORAL CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 30% of detached houses in Fernhill Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Fernhill Heath, and where 31 BALMORAL CLOSE lies on this distribution: 22% of detached houses are smaller than 31 BALMORAL CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Fernhill Heath.

31 BALMORAL CLOSE: Plot and Title Map

31 BALMORAL CLOSE sits on a plot of roughly 0.090 of an acre, or 362m². The below map shows the location of 31 BALMORAL 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 31 BALMORAL 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 31 BALMORAL CLOSE?

31 BALMORAL CLOSE is located in FERNHILL HEATH, in the WR3 postcode district. The below map shows the position of No. 31 on BALMORAL CLOSE.