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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, The Lane, Worcester is a modern freehold house with 1,345 ft2 of internal area and sits on a 221 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, The Lane, Worcester is £364,082 and the estimated rental value is £1,247 per month.
The Lane, Worcester, WR1 is located in the borough of Worcester within the WR1 postal district.
2, The Lane, Worcester has a single entry in the Land Registry from January 2017 and a single entry in the EPC database dated January 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, The Lane, Worcester is in very good condition we estimate a sale value of £382,286 and a rental value of £1,309 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £338,596 and a rental value of £1,160 per month.
Over the last 12 months the sale value of 2 The Lane Worcester has increased by an estimated £627 (0.2%) and its rental value has increased by an estimated £30 per month (2.4%), giving an expected gross yield of 4.1%.
According to data from HM Land Registry, 2, The Lane, Worcester sits on a plot of 221m2.
We have plot size data on 38 out of 38 other houses in the postcode and 2, The Lane, Worcester sits on the 7th largest plot.
2, The Lane, Worcester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Jan 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, The Lane, Worcester was last sold on 27th January 2017 for £300,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2017, the market for similar properties has risen 31.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, The Lane, Worcester within a radius of 440 metres over the last 2 years.
The most recent example is 34, The Lane, Worcester, WR1 1AE, a freehold house which sold for £355,000 on the 30th June 2022.
Read more about house prices in WR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Lane, Worcester, WR1 has a total of 84 addresses. According to our analysis of all the public data, 2, The Lane, Worcester is the 13th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £143k more expensive than the average property in WR1.
The closest station to 2, The Lane, Worcester is Worcester Foregate Street station which is 1.1 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, The Lane, Worcester, % of property is and % is .
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, The Lane, Worcester, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, The Lane, Worcester, 0.0% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, The Lane, Worcester, there are an average of 0.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
