THE FIRS, LAURELS ROAD, OFFENHAM, EVESHAM, WR11 8RE - £365,000

THE FIRS is a very small detached house of 83m², built sometime between 1930 and 1949. It was last sold for £365,000 in August 2022, which was around 25% below the average August 2022 detached price in the Wychavon local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

THE FIRS Sold Prices

Land registry data shows two sales for THE FIRS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wychavon local authority area for the corresponding sale date. Both of the two THE FIRS 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
2022 26 AUG	£365,000	£489,375	25% below HPI
2000 19 MAY	£121,000	£151,569	20% below HPI

THE FIRS 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 two THE FIRS sales from May 2000 and August 2022 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 2000 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2022 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is THE FIRS?

THE FIRS is 83m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 20% of detached houses in Offenham, based on EPC data. The below chart shows the distribution of detached houses by size in Offenham, and where THE FIRS lies on this distribution: 12% of detached houses are smaller than THE FIRS, and 88% of houses are larger. Note that EPC data is not available for all properties in Offenham.

THE FIRS: Plot and Title Map

THE FIRS sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of THE FIRS, 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 THE FIRS). 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 THE FIRS?

THE FIRS is located on LAURELS ROAD in OFFENHAM, in the WR11 postcode district. The below map shows the position of THE FIRS on LAURELS ROAD.