40, OAKFIELD CLOSE, KEMPSEY, WORCESTER, WR5 3PS - £240,000

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.

40 OAKFIELD CLOSE is a very small semi-detached house of 61m², built sometime between 1950 and 1966, which could now be worth an estimated £278,053. It was last sold for £240,000 in March 2022, which was around 13% below the average March 2022 semi-detached price in the Malvern Hills local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

40 OAKFIELD CLOSE Sold Prices

Land registry data shows three sales for 40 OAKFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Malvern Hills local authority area for the corresponding sale date. All of the three 40 OAKFIELD 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
2022 31 MAR	£240,000	£275,184	13% below HPI
2017 3 MAR	£215,000	£220,334	2% below HPI
2016 31 MAR	£170,000	£217,376	22% below HPI

40 OAKFIELD CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Malvern Hills local authority area over time, sourced from the HPI. The three 40 OAKFIELD CLOSE sales between March 2016 and March 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 March 2017 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2022 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 40 OAKFIELD CLOSE be worth now?

40 OAKFIELD CLOSE might now be worth an estimated £278,053.

This is based on house price inflation of 15.9%, between March 2022 and February 2025, for semi-detached houses, in the Malvern Hills local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.9% inflationary increase is applied to the most recent sale price for 40 OAKFIELD CLOSE of £240,000 on 31st March 2022. For the value to have increased from £240,000 to £278,053 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 40 OAKFIELD CLOSE has moved in line with the HPI for semi-detached houses in the Malvern Hills local authority area.
• The March 2022 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 40 OAKFIELD CLOSE has not materially changed since March 2022.

How Large is 40 OAKFIELD CLOSE?

40 OAKFIELD CLOSE is 61m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 10% of semi-detached houses houses in Kempsey, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Kempsey, and where 40 OAKFIELD CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 40 OAKFIELD CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Kempsey.

40 OAKFIELD CLOSE: Plot and Title Map

40 OAKFIELD CLOSE sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 40 OAKFIELD 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 40 OAKFIELD 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 40 OAKFIELD CLOSE?

40 OAKFIELD CLOSE is located in KEMPSEY, in the WR5 postcode district. The below map shows the position of No. 40 on OAKFIELD CLOSE.