7, PARK VIEW TERRACE, WORCESTER, WR3 7AG - £750,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 PARK VIEW TERRACE is a very large extended detached house of 210m², built sometime between 1967 and 1975, which could now be worth an estimated £862,871. It was last sold for £750,000 in October 2021, which was around 105% above the average October 2021 detached price in the Worcester local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

7 PARK VIEW TERRACE Sold Prices

Land registry data shows three sales for 7 PARK VIEW TERRACE 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. All of the three 7 PARK VIEW TERRACE 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
2021 27 OCT	£750,000	£366,592	105% above HPI
2001 28 SEP	£250,000	£149,953	67% above HPI
1999 30 JUL	£160,000	£106,770	50% above HPI

7 PARK VIEW TERRACE 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 7 PARK VIEW TERRACE sales between July 1999 and October 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 September 2001 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the October 2021 sale, where it rises to 105% above the HPI. The line then continues to track at 105% above the HPI.

What might 7 PARK VIEW TERRACE be worth now?

7 PARK VIEW TERRACE might now be worth an estimated £862,871.

This is based on house price inflation of 15%, between October 2021 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 15% inflationary increase is applied to the most recent sale price for 7 PARK VIEW TERRACE of £750,000 on 27th October 2021. For the value to have increased from £750,000 to £862,871 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 7 PARK VIEW TERRACE has moved in line with the HPI for detached houses in the Worcester local authority area.
• The October 2021 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of 7 PARK VIEW TERRACE has not materially changed since October 2021.

How Large is 7 PARK VIEW TERRACE?

7 PARK VIEW TERRACE is 210m², which includes two extensions, according to the EPC inspection conducted in April 2019. This puts it in the largest 10% 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 PARK VIEW TERRACE lies on this distribution: 96% of detached houses houses are smaller than 7 PARK VIEW TERRACE, and 4% of houses are larger. Note that EPC data is not available for all properties in Worcester.

7 PARK VIEW TERRACE: Plot and Title Map

7 PARK VIEW TERRACE sits on a plot of roughly 0.308 of an acre, or 1,246m². The below map shows the location of 7 PARK VIEW TERRACE, 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 PARK VIEW TERRACE). 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 PARK VIEW TERRACE?

7 PARK VIEW TERRACE is located in WORCESTER, in the WR3 postcode district. The below map shows the position of No. 7 on PARK VIEW TERRACE.