41, LOBELIA CLOSE, WORCESTER, WR5 3RR - £345,000

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.

41 LOBELIA CLOSE is a large extended detached house of 124m², built sometime between 1983 and 1990, which could now be worth an estimated £426,417. It was last sold for £345,000 in September 2018, which was around 1% above the average September 2018 detached price in the Worcester local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was D.

41 LOBELIA CLOSE Sold Prices

Land registry data shows four sales for 41 LOBELIA CLOSE 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. Most of the four 41 LOBELIA 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 4 SEP	£345,000	£341,234	1% above HPI
2016 26 MAY	£295,000	£293,415	1% above HPI
2010 3 DEC	£267,000	£256,666	4% above HPI
2003 5 SEP	£206,000	£208,038	1% below HPI

41 LOBELIA 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 four 41 LOBELIA CLOSE sales between September 2003 and September 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 2016 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2018 sale, which was also at 1% above the HPI.

What might 41 LOBELIA CLOSE be worth now?

41 LOBELIA CLOSE might now be worth an estimated £426,417.

This is based on house price inflation of 23.6%, between September 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 23.6% inflationary increase is applied to the most recent sale price for 41 LOBELIA CLOSE of £345,000 on 4th September 2018. For the value to have increased from £345,000 to £426,417 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 41 LOBELIA CLOSE has moved in line with the HPI for detached houses in the Worcester local authority area.
• The September 2018 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 41 LOBELIA CLOSE has not materially changed since September 2018.

How Large is 41 LOBELIA CLOSE?

41 LOBELIA CLOSE is 124m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the largest 40% 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 41 LOBELIA CLOSE lies on this distribution: 66% of detached houses houses are smaller than 41 LOBELIA CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Worcester.

41 LOBELIA CLOSE: Plot and Title Map

41 LOBELIA CLOSE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 41 LOBELIA 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 41 LOBELIA 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 41 LOBELIA CLOSE?

41 LOBELIA CLOSE is located in WORCESTER, in the WR5 postcode district. The below map shows the position of No. 41 on LOBELIA CLOSE.