7A, MARION CLOSE, WORCESTER, WR3 7LP - £295,000

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.

7A MARION CLOSE is a very small detached house of 75m², built sometime between 1983 and 1990, which could now be worth an estimated £341,517. It was last sold for £295,000 in August 2021, which was around 19% below the average August 2021 detached price in the Worcester local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

7A MARION CLOSE Sold Prices

Land registry data shows three sales for 7A MARION 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 Worcester local authority area for the corresponding sale date. All of the three 7A MARION 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
2021 20 AUG	£295,000	£364,315	19% below HPI
2008 24 JAN	£220,000	£273,031	19% below HPI
2002 12 AUG	£160,000	£179,184	11% below HPI

7A MARION 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 three 7A MARION CLOSE sales between August 2002 and August 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 January 2008 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2021 sale, which was also at 19% below the HPI.

What might 7A MARION CLOSE be worth now?

7A MARION CLOSE might now be worth an estimated £341,517.

This is based on house price inflation of 15.8%, between August 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 15.8% inflationary increase is applied to the most recent sale price for 7A MARION CLOSE of £295,000 on 20th August 2021. For the value to have increased from £295,000 to £341,517 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 7A MARION CLOSE has moved in line with the HPI for detached houses in the Worcester local authority area.
• The August 2021 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 7A MARION CLOSE has not materially changed since August 2021.

How Large is 7A MARION CLOSE?

7A MARION CLOSE is 75m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 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 7A MARION CLOSE lies on this distribution: 9% of detached houses houses are smaller than 7A MARION CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Worcester.

7A MARION CLOSE: Plot and Title Map

7A MARION CLOSE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 7A MARION 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 7A MARION 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 7A MARION CLOSE?

7A MARION CLOSE is located in WORCESTER, in the WR3 postcode district. The below map shows the position of No. 7A on MARION CLOSE.