8, ELTRIC ROAD, WORCESTER, WR3 7NU - £355,500

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.

8 ELTRIC ROAD is a large extended detached house of 137m², built sometime between 1930 and 1949, which could now be worth an estimated £444,940. It was last sold for £355,500 in January 2020, which was around 5% above the average January 2020 detached price in the Worcester local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

8 ELTRIC ROAD Sold Prices

Land registry data shows three sales for 8 ELTRIC ROAD 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. Two of the three 8 ELTRIC ROAD sales were for above the average price, whilst one 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
2020 17 JAN	£355,500	£336,981	5% above HPI
2007 8 FEB	£295,000	£265,870	11% above HPI
2002 21 JUN	£120,000	£170,575	30% below HPI

8 ELTRIC ROAD 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 8 ELTRIC ROAD sales between June 2002 and January 2020 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 February 2007 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the January 2020 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 8 ELTRIC ROAD be worth now?

8 ELTRIC ROAD might now be worth an estimated £444,940.

This is based on house price inflation of 25.2%, between January 2020 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 25.2% inflationary increase is applied to the most recent sale price for 8 ELTRIC ROAD of £355,500 on 17th January 2020. For the value to have increased from £355,500 to £444,940 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 8 ELTRIC ROAD has moved in line with the HPI for detached houses in the Worcester local authority area.
• The January 2020 sale price of £355,500 represented a fair market value for the property.
• The size, condition, and specification of 8 ELTRIC ROAD has not materially changed since January 2020.

How Large is 8 ELTRIC ROAD?

8 ELTRIC ROAD is 137m², which includes two extensions, according to the EPC inspection conducted in September 2019. This puts it in the largest 30% 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 8 ELTRIC ROAD lies on this distribution: 76% of detached houses houses are smaller than 8 ELTRIC ROAD, and 23% of houses are larger. Note that EPC data is not available for all properties in Worcester.

8 ELTRIC ROAD: Plot and Title Map

8 ELTRIC ROAD sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 8 ELTRIC ROAD, 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 8 ELTRIC ROAD). 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 8 ELTRIC ROAD?

8 ELTRIC ROAD is located in WORCESTER, in the WR3 postcode district. The below map shows the position of No. 8 on ELTRIC ROAD.