8, UNION PLACE, WORCESTER, WR3 7DX - £162,000

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

8 UNION PLACE is a very small extended detached house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £271,753. It was last sold for £162,000 in June 2006, which was around 36% below the average June 2006 detached price in the Worcester local authority area. The most recent EPC inspection was May 2009, where the current energy rating was C, and the potential energy rating was C.

8 UNION PLACE Sold Prices

Land registry data shows two sales for 8 UNION PLACE 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. Both of the two 8 UNION PLACE 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
2006 30 JUN	£162,000	£252,358	36% below HPI
2004 11 MAY	£150,000	£229,627	35% below HPI

8 UNION PLACE 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 8 UNION PLACE sales from May 2004 and June 2006 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 May 2004 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2006 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 8 UNION PLACE be worth now?

8 UNION PLACE might now be worth an estimated £271,753.

This is based on house price inflation of 67.7%, between June 2006 and December 2024, 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 67.7% inflationary increase is applied to the most recent sale price for 8 UNION PLACE of £162,000 on 30th June 2006. For the value to have increased from £162,000 to £271,753 over the seventeen years and six months to December 2024, the following assumptions must hold true:

• The value of 8 UNION PLACE has moved in line with the HPI for detached houses in the Worcester local authority area.
• The June 2006 sale price of £162,000 represented a fair market value for the property.
• The size, condition, and specification of 8 UNION PLACE has not materially changed since June 2006.

How Large is 8 UNION PLACE?

8 UNION PLACE is 84m², which includes one extension, according to the EPC inspection conducted in May 2009. This puts it in the smallest 20% 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 UNION PLACE lies on this distribution: 17% of detached houses houses are smaller than 8 UNION PLACE, and 83% of houses are larger. Note that EPC data is not available for all properties in Worcester.

8 UNION PLACE: Plot and Title Map

8 UNION PLACE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 8 UNION PLACE, 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 UNION PLACE). 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 UNION PLACE?

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