9, WOOD PIECE CLOSE, WALL MEADOW, WORCESTER, WR4 0DB - £249,995

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 WOOD PIECE CLOSE is a midsized extended detached house of 118m², built sometime between 1983 and 1990, which could now be worth an estimated £382,528. It was last sold for £249,995 in February 2015, which was around 9% below the average February 2015 detached price in the Worcester local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

9 WOOD PIECE CLOSE Sold Prices

Land registry data shows three sales for 9 WOOD PIECE 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 9 WOOD PIECE 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
2015 9 FEB	£249,995	£275,636	9% below HPI
2009 26 OCT	£185,000	£242,843	24% below HPI
1996 22 JUL	£73,500	£81,802	10% below HPI

9 WOOD PIECE 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 9 WOOD PIECE CLOSE sales between July 1996 and February 2015 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 2009 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the February 2015 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 9 WOOD PIECE CLOSE be worth now?

9 WOOD PIECE CLOSE might now be worth an estimated £382,528.

This is based on house price inflation of 53%, between February 2015 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 53% inflationary increase is applied to the most recent sale price for 9 WOOD PIECE CLOSE of £249,995 on 9th February 2015. For the value to have increased from £249,995 to £382,528 over the ten years to February 2025, the following assumptions must hold true:

• The value of 9 WOOD PIECE CLOSE has moved in line with the HPI for detached houses in the Worcester local authority area.
• The February 2015 sale price of £249,995 represented a fair market value for the property.
• The size, condition, and specification of 9 WOOD PIECE CLOSE has not materially changed since February 2015.

How Large is 9 WOOD PIECE CLOSE?

9 WOOD PIECE CLOSE is 118m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the largest 50% 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 9 WOOD PIECE CLOSE lies on this distribution: 58% of detached houses houses are smaller than 9 WOOD PIECE CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Worcester.

9 WOOD PIECE CLOSE: Plot and Title Map

9 WOOD PIECE CLOSE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 9 WOOD PIECE 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 WOOD PIECE 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 WOOD PIECE CLOSE?

9 WOOD PIECE CLOSE is located in WALL MEADOW, in the WR4 postcode district. The below map shows the position of No. 9 on WOOD PIECE CLOSE.