9, OTLEY CLOSE, WORCESTER, WR4 0BJ - £40,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

9 OTLEY CLOSE is a very large detached house of 150m², built sometime between 1976 and 1982. It was last sold for £40,000 in May 1999, which was around 61% below the average May 1999 detached price in the Worcester local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was C.

9 OTLEY CLOSE Sold Prices

Land registry data shows two sales for 9 OTLEY CLOSE 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 9 OTLEY 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
1999 11 MAY	£40,000	£103,864	61% below HPI
1997 14 OCT	£72,000	£92,893	22% below HPI

9 OTLEY 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 two 9 OTLEY CLOSE sales from October 1997 and May 1999 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 October 1997 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 1999 sale, where it falls to 61% below the HPI. The line then continues to track at 61% below the HPI.

How Large is 9 OTLEY CLOSE?

9 OTLEY CLOSE is 150m² according to the EPC inspection conducted in June 2024. This puts it in the largest 20% of detached houses in Worcester, based on EPC data. The below chart shows the distribution of detached houses by size in Worcester, and where 9 OTLEY CLOSE lies on this distribution: 83% of detached houses are smaller than 9 OTLEY CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Worcester.

9 OTLEY CLOSE: Plot and Title Map

9 OTLEY CLOSE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 9 OTLEY 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 9 OTLEY 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 9 OTLEY CLOSE?

9 OTLEY CLOSE is located in WORCESTER, in the WR4 postcode district. The below map shows the position of No. 9 on OTLEY CLOSE.