7, MAGNOLIA CLOSE, WORCESTER, WR5 3SJ - £320,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 MAGNOLIA CLOSE is a small detached house of 99m², built sometime between 1983 and 1990, which could now be worth an estimated £458,914. It was last sold for £320,000 in December 2015, which was around 9% above the average December 2015 detached price in the Worcester local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

7 MAGNOLIA CLOSE Sold Prices

Land registry data shows two sales for 7 MAGNOLIA 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. One of the two 7 MAGNOLIA CLOSE sales was for above the average price, whilst the other was 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
2015 18 DEC	£320,000	£294,094	9% above HPI
2010 14 APR	£138,000	£243,867	43% below HPI

7 MAGNOLIA 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 7 MAGNOLIA CLOSE sales from April 2010 and December 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 April 2010 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the December 2015 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 7 MAGNOLIA CLOSE be worth now?

7 MAGNOLIA CLOSE might now be worth an estimated £458,914.

This is based on house price inflation of 43.4%, between December 2015 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 43.4% inflationary increase is applied to the most recent sale price for 7 MAGNOLIA CLOSE of £320,000 on 18th December 2015. For the value to have increased from £320,000 to £458,914 over the ten years and ten months to February 2025, the following assumptions must hold true:

• The value of 7 MAGNOLIA CLOSE has moved in line with the HPI for detached houses in the Worcester local authority area.
• The December 2015 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MAGNOLIA CLOSE has not materially changed since December 2015.

How Large is 7 MAGNOLIA CLOSE?

7 MAGNOLIA CLOSE is 99m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 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 7 MAGNOLIA CLOSE lies on this distribution: 35% of detached houses houses are smaller than 7 MAGNOLIA CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Worcester.

7 MAGNOLIA CLOSE: Plot and Title Map

7 MAGNOLIA CLOSE sits on a plot of roughly 0.133 of an acre, or 540m². The below map shows the location of 7 MAGNOLIA 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 MAGNOLIA 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 MAGNOLIA CLOSE?

7 MAGNOLIA CLOSE is located in WORCESTER, in the WR5 postcode district. The below map shows the position of No. 7 on MAGNOLIA CLOSE.