4, ELY CLOSE, WORCESTER, WR5 1JX - £150,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 ELY CLOSE is a very small detached house of 68m², built sometime between 1983 and 1990, which could now be worth an estimated £251,425. It was last sold for £150,000 in August 2011, which was around 40% below the average August 2011 detached price in the Worcester local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

4 ELY CLOSE Sold Prices

Land registry data shows two sales for 4 ELY 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 4 ELY 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
2011 19 AUG	£150,000	£251,623	40% below HPI
1995 26 MAY	£58,450	£79,623	27% below HPI

4 ELY 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 4 ELY CLOSE sales from May 1995 and August 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 May 1995 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2011 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 4 ELY CLOSE be worth now?

4 ELY CLOSE might now be worth an estimated £251,425.

This is based on house price inflation of 67.6%, between August 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 67.6% inflationary increase is applied to the most recent sale price for 4 ELY CLOSE of £150,000 on 19th August 2011. For the value to have increased from £150,000 to £251,425 over the fourteen years and six months to February 2025, the following assumptions must hold true:

• The value of 4 ELY CLOSE has moved in line with the HPI for detached houses in the Worcester local authority area.
• The August 2011 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 4 ELY CLOSE has not materially changed since August 2011.

How Large is 4 ELY CLOSE?

4 ELY CLOSE is 68m² according to the EPC inspection conducted in June 2012. 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 4 ELY CLOSE lies on this distribution: 5% of detached houses houses are smaller than 4 ELY CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Worcester.

4 ELY CLOSE: Plot and Title Map

4 ELY CLOSE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 4 ELY 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 4 ELY 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 4 ELY CLOSE?

4 ELY CLOSE is located in WORCESTER, in the WR5 postcode district. The below map shows the position of No. 4 on ELY CLOSE.