40, ALBERT ROAD, WORCESTER, WR5 1EB - £355,000

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

40 ALBERT ROAD is a large extended detached house of 125m², built sometime between 1930 and 1949. It was last sold for £355,000 in May 2022, which was around 12% below the average May 2022 detached price in the Worcester local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

40 ALBERT ROAD Sold Prices

Land registry data shows four sales for 40 ALBERT ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Worcester local authority area for the corresponding sale date. All of the four 40 ALBERT 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
2022 4 MAY	£355,000	£404,682	12% below HPI
2002 4 OCT	£63,000	£189,882	67% below HPI
1999 15 JAN	£48,000	£101,427	53% below HPI
1998 4 SEP	£60,000	£102,450	41% below HPI

40 ALBERT 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 four 40 ALBERT ROAD sales between September 1998 and May 2022 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 October 2002 sale was for 67% below the HPI. So the extrapolation line tracks at 67% below the HPI over time, until the May 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 40 ALBERT ROAD?

40 ALBERT ROAD is 125m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the largest 40% of detached houses in Worcester, based on EPC data. The below chart shows the distribution of detached houses by size in Worcester, and where 40 ALBERT ROAD lies on this distribution: 66% of detached houses are smaller than 40 ALBERT ROAD, and 33% of houses are larger. Note that EPC data is not available for all properties in Worcester.

40 ALBERT ROAD: Plot and Title Map

40 ALBERT ROAD sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of 40 ALBERT 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 40 ALBERT 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 40 ALBERT ROAD?

40 ALBERT ROAD is located in WORCESTER, in the WR5 postcode district. The below map shows the position of No. 40 on ALBERT ROAD.