5, CHUB CLOSE, WORCESTER, WR5 3FG - £245,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 CHUB CLOSE is a midsized detached house of 114m², built sometime from 2007 onwards. It was last sold for £245,000 in January 2015, which was around 12% below the average January 2015 detached price in the Worcester local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

5 CHUB CLOSE Sold Prices

Land registry data shows three sales for 5 CHUB CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Worcester local authority area for the corresponding sale date. Two of the three 5 CHUB CLOSE sales were for below the average price, whilst one was 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
2015 30 JAN	£245,000	£278,518	12% below HPI
2014 3 JUL	£260,000	£279,956	7% below HPI
2007 12 DEC	£291,995	£280,306	4% above HPI

5 CHUB 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 three 5 CHUB CLOSE sales between December 2007 and January 2015 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 July 2014 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the January 2015 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 5 CHUB CLOSE?

5 CHUB CLOSE is 114m² according to the EPC inspection conducted in March 2014. This puts it in the largest 50% of detached houses in Worcester, based on EPC data. The below chart shows the distribution of detached houses by size in Worcester, and where 5 CHUB CLOSE lies on this distribution: 53% of detached houses are smaller than 5 CHUB CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Worcester.

5 CHUB CLOSE: Plot and Title Map

5 CHUB CLOSE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 5 CHUB 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 5 CHUB 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 5 CHUB CLOSE?

5 CHUB CLOSE is located in WORCESTER, in the WR5 postcode district. The below map shows the position of No. 5 on CHUB CLOSE.