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
38 KNOTTS AVENUE is a very small detached house of 80m², built sometime between 1983 and 1990. It was last sold for £235,000 in February 2016, which was around 21% below the average February 2016 detached price in the Worcester local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 38 KNOTTS AVENUE since 1st 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 38 KNOTTS AVENUE 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 |
---|---|---|---|
2016 12 FEB | £235,000 | £296,896 | 21% below HPI |
2013 27 MAR | £205,000 | £256,718 | 20% below HPI |
2002 22 MAR | £121,000 | £162,169 | 25% below HPI |
1998 26 JUN | £79,950 | £99,238 | 19% below HPI |
1995 27 OCT | £78,950 | £79,921 | 1% below HPI |
The below graph shows the average detached house price in the Worcester local authority area over time, sourced from the HPI. The five 38 KNOTTS AVENUE sales between October 1995 and February 2016 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 March 2013 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2016 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.
38 KNOTTS AVENUE is 80m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 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 38 KNOTTS AVENUE lies on this distribution: 13% of detached houses are smaller than 38 KNOTTS AVENUE, and 86% of houses are larger. Note that EPC data is not available for all properties in Worcester.
38 KNOTTS AVENUE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 38 KNOTTS AVENUE, 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 38 KNOTTS AVENUE). 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.
38 KNOTTS AVENUE is located in WORCESTER, in the WR4 postcode district. The below map shows the position of No. 38 on KNOTTS AVENUE.