7, POST OFFICE LANE, FERNHILL HEATH, WORCESTER, WR3 8RB - £299,950

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 POST OFFICE LANE is a midsized extended detached house of 126m², built sometime between 1967 and 1975. It was last sold for £299,950 in February 2019, which was around 25% below the average February 2019 detached price in the Wychavon local authority area. The most recent EPC inspection was April 2018, where the current energy rating was E, and the potential energy rating was C.

7 POST OFFICE LANE Sold Prices

Land registry data shows two sales for 7 POST OFFICE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wychavon local authority area for the corresponding sale date. Both of the two 7 POST OFFICE LANE 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
2019 15 FEB	£299,950	£399,696	25% below HPI
2001 1 MAR	£115,000	£163,186	30% below HPI

7 POST OFFICE LANE 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 two 7 POST OFFICE LANE sales from March 2001 and February 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 March 2001 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2019 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 7 POST OFFICE LANE?

7 POST OFFICE LANE is 126m², which includes two extensions, according to the EPC inspection conducted in April 2018. 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 POST OFFICE LANE lies on this distribution: 44% of detached houses are smaller than 7 POST OFFICE LANE, and 54% of houses are larger. Note that EPC data is not available for all properties in Fernhill Heath.

7 POST OFFICE LANE: Plot and Title Map

7 POST OFFICE LANE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 7 POST OFFICE LANE, 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 POST OFFICE LANE). 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 POST OFFICE LANE?

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