45, HOMESTEAD AVENUE, WALL MEADOW, WORCESTER, WR4 0DA - £255,000

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

45 HOMESTEAD AVENUE is a small detached house of 90m², built sometime between 1983 and 1990. It was last sold for £255,000 in June 2021, which was around 30% below the average June 2021 detached price in the Worcester local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

45 HOMESTEAD AVENUE Sold Prices

Land registry data shows two sales for 45 HOMESTEAD AVENUE 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 45 HOMESTEAD AVENUE 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
2021 18 JUN	£255,000	£364,136	30% below HPI
2002 15 MAR	£119,950	£162,169	26% below HPI

45 HOMESTEAD AVENUE 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 45 HOMESTEAD AVENUE sales from March 2002 and June 2021 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 2002 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 45 HOMESTEAD AVENUE?

45 HOMESTEAD AVENUE is 90m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 30% of detached houses in Worcester, based on EPC data. The below chart shows the distribution of detached houses by size in Worcester, and where 45 HOMESTEAD AVENUE lies on this distribution: 25% of detached houses are smaller than 45 HOMESTEAD AVENUE, and 74% of houses are larger. Note that EPC data is not available for all properties in Worcester.

45 HOMESTEAD AVENUE: Plot and Title Map

45 HOMESTEAD AVENUE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 45 HOMESTEAD AVENUE, 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 45 HOMESTEAD AVENUE). 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 45 HOMESTEAD AVENUE?

45 HOMESTEAD AVENUE is located in WALL MEADOW, in the WR4 postcode district. The below map shows the position of No. 45 on HOMESTEAD AVENUE.