SELBORNE, RED HILL LANE, WORCESTER, WR5 2JL - £427,500

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.

SELBORNE is a midsized detached house of 118m², built sometime between 1983 and 1990, which could now be worth an estimated £542,055. It was last sold for £427,500 in July 2020, which was around 29% above the average July 2020 detached price in the Worcester local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.

SELBORNE Sold Prices

Land registry data shows four sales for SELBORNE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Worcester local authority area for the corresponding sale date. All of the four SELBORNE 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
2020 1 JUL	£427,500	£332,629	29% above HPI
2007 23 JAN	£350,000	£268,090	31% above HPI
2003 19 AUG	£250,000	£204,603	22% above HPI
1999 7 APR	£163,000	£101,789	60% above HPI

SELBORNE 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 four SELBORNE sales between April 1999 and July 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 January 2007 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the July 2020 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might SELBORNE be worth now?

SELBORNE might now be worth an estimated £542,055.

This is based on house price inflation of 26.8%, between July 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 26.8% inflationary increase is applied to the most recent sale price for SELBORNE of £427,500 on 1st July 2020. For the value to have increased from £427,500 to £542,055 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of SELBORNE has moved in line with the HPI for detached houses in the Worcester local authority area.
• The July 2020 sale price of £427,500 represented a fair market value for the property.
• The size, condition, and specification of SELBORNE has not materially changed since July 2020.

How Large is SELBORNE?

SELBORNE is 118m² according to the EPC inspection conducted in May 2017. 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 SELBORNE lies on this distribution: 58% of detached houses houses are smaller than SELBORNE, and 41% of houses are larger. Note that EPC data is not available for all properties in Worcester.

SELBORNE: Plot and Title Map

SELBORNE sits on a plot of roughly 0.159 of an acre, or 642m². The below map shows the location of SELBORNE, 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 SELBORNE). 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 SELBORNE?

SELBORNE is located on RED HILL LANE in WORCESTER, in the WR5 postcode district. The below map shows the position of SELBORNE on RED HILL LANE.