5, MILRET CLOSE, WORCESTER, WR3 8XF - £219,000

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

5 MILRET CLOSE is a small detached house of 102m², built sometime between 1976 and 1982. It was last sold for £219,000 in August 2014, which was around 22% below the average August 2014 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.

5 MILRET CLOSE Sold Prices

Land registry data shows two sales for 5 MILRET CLOSE 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 5 MILRET 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
2014 29 AUG	£219,000	£279,605	22% below HPI
1996 22 NOV	£75,000	£86,021	13% below HPI

5 MILRET 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 two 5 MILRET CLOSE sales from November 1996 and August 2014 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 November 1996 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2014 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 5 MILRET CLOSE?

5 MILRET CLOSE is 102m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 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 5 MILRET CLOSE lies on this distribution: 38% of detached houses are smaller than 5 MILRET CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Worcester.

5 MILRET CLOSE: Plot and Title Map

5 MILRET CLOSE sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of 5 MILRET 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 MILRET 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 MILRET CLOSE?

5 MILRET CLOSE is located in WORCESTER, in the WR3 postcode district. The below map shows the position of No. 5 on MILRET CLOSE.