38, NORTHWICK CLOSE, WORCESTER, WR3 7EF - £515,000

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.

38 NORTHWICK CLOSE is a very large extended detached house of 175m², built sometime between 1930 and 1949, which could now be worth an estimated £653,816. It was last sold for £515,000 in August 2018, which was around 55% above the average August 2018 detached price in the Worcester local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

38 NORTHWICK CLOSE Sold Prices

Land registry data shows two sales for 38 NORTHWICK CLOSE 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 38 NORTHWICK CLOSE 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 16 AUG	£515,000	£332,215	55% above HPI
2003 23 MAY	£274,500	£205,479	34% above HPI

38 NORTHWICK 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 two 38 NORTHWICK CLOSE sales from May 2003 and August 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 2003 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the August 2018 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might 38 NORTHWICK CLOSE be worth now?

38 NORTHWICK CLOSE might now be worth an estimated £653,816.

This is based on house price inflation of 27%, between August 2018 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 27% inflationary increase is applied to the most recent sale price for 38 NORTHWICK CLOSE of £515,000 on 16th August 2018. For the value to have increased from £515,000 to £653,816 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 38 NORTHWICK CLOSE has moved in line with the HPI for detached houses in the Worcester local authority area.
• The August 2018 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of 38 NORTHWICK CLOSE has not materially changed since August 2018.

How Large is 38 NORTHWICK CLOSE?

38 NORTHWICK CLOSE is 175m², which includes two extensions, according to the EPC inspection conducted in May 2018. This puts it in the largest 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 38 NORTHWICK CLOSE lies on this distribution: 91% of detached houses houses are smaller than 38 NORTHWICK CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Worcester.

38 NORTHWICK CLOSE: Plot and Title Map

38 NORTHWICK CLOSE sits on a plot of roughly 0.198 of an acre, or 803m². The below map shows the location of 38 NORTHWICK 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 38 NORTHWICK 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 38 NORTHWICK CLOSE?

38 NORTHWICK CLOSE is located in WORCESTER, in the WR3 postcode district. The below map shows the position of No. 38 on NORTHWICK CLOSE.