9, CHESTNUT LANE, INKBERROW, WORCESTER, WR7 4ES - £413,000

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.

9 CHESTNUT LANE is a midsized extended detached house of 130m², built sometime between 1950 and 1966, which could now be worth an estimated £548,266. It was last sold for £413,000 in July 2016, which was around 18% above the average July 2016 detached price in the Wychavon local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was C.

9 CHESTNUT LANE Sold Prices

Land registry data shows three sales for 9 CHESTNUT LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wychavon local authority area for the corresponding sale date. All of the three 9 CHESTNUT LANE 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
2016 28 JUL	£413,000	£351,118	18% above HPI
2002 21 MAY	£225,000	£186,997	20% above HPI
1997 28 FEB	£123,500	£107,941	14% above HPI

9 CHESTNUT 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 three 9 CHESTNUT LANE sales between February 1997 and July 2016 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 2002 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the July 2016 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 9 CHESTNUT LANE be worth now?

9 CHESTNUT LANE might now be worth an estimated £548,266.

This is based on house price inflation of 32.8%, between July 2016 and February 2025, for detached houses, in the Wychavon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.8% inflationary increase is applied to the most recent sale price for 9 CHESTNUT LANE of £413,000 on 28th July 2016. For the value to have increased from £413,000 to £548,266 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of 9 CHESTNUT LANE has moved in line with the HPI for detached houses in the Wychavon local authority area.
• The July 2016 sale price of £413,000 represented a fair market value for the property.
• The size, condition, and specification of 9 CHESTNUT LANE has not materially changed since July 2016.

How Large is 9 CHESTNUT LANE?

9 CHESTNUT LANE is 130m², which includes two extensions, according to the EPC inspection conducted in July 2015. This puts it in the largest 50% of detached houses houses in Inkberrow, based on EPC data. The below chart shows the distribution of detached houses houses by size in Inkberrow, and where 9 CHESTNUT LANE lies on this distribution: 50% of detached houses houses are smaller than 9 CHESTNUT LANE, and 50% of houses are larger. Note that EPC data is not available for all properties in Inkberrow.

9 CHESTNUT LANE: Plot and Title Map

9 CHESTNUT LANE sits on a plot of roughly 0.156 of an acre, or 631m². The below map shows the location of 9 CHESTNUT 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 9 CHESTNUT 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 9 CHESTNUT LANE?

9 CHESTNUT LANE is located in INKBERROW, in the WR7 postcode district. The below map shows the position of No. 9 on CHESTNUT LANE.