7, BALMORAL CLOSE, FERNHILL HEATH, WORCESTER, WR3 7XQ - £393,000

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

7 BALMORAL CLOSE is a midsized extended detached house of 122m², built sometime between 1991 and 1995. It was last sold for £393,000 in May 2019, which was around 1% above the average May 2019 detached price in the Wychavon local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

7 BALMORAL CLOSE Sold Prices

Land registry data shows three sales for 7 BALMORAL 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 Wychavon local authority area for the corresponding sale date. All of the three 7 BALMORAL 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
2019 29 MAY	£393,000	£388,761	1% above HPI
2015 27 AUG	£347,500	£344,437	1% above HPI
2007 1 JUN	£337,500	£320,203	5% above HPI

7 BALMORAL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wychavon local authority area over time, sourced from the HPI. The three 7 BALMORAL CLOSE sales between June 2007 and May 2019 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 August 2015 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 2019 sale, which was also at 1% above the HPI.

How Large is 7 BALMORAL CLOSE?

7 BALMORAL CLOSE is 122m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 50% of detached houses in Fernhill Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Fernhill Heath, and where 7 BALMORAL CLOSE lies on this distribution: 40% of detached houses are smaller than 7 BALMORAL CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Fernhill Heath.

7 BALMORAL CLOSE: Plot and Title Map

7 BALMORAL CLOSE sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 7 BALMORAL 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 7 BALMORAL 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 7 BALMORAL CLOSE?

7 BALMORAL CLOSE is located in FERNHILL HEATH, in the WR3 postcode district. The below map shows the position of No. 7 on BALMORAL CLOSE.