1, FARLIE CLOSE, KEMPSEY, WORCESTER, WR5 3NW - £350,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 FARLIE CLOSE is a small detached house of 96m², built sometime between 1976 and 1982, which could now be worth an estimated £346,549. It was last sold for £350,000 in January 2023, which was around 29% below the average January 2023 detached price in the Malvern Hills local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was D.

1 FARLIE CLOSE Sold Prices

Land registry data shows three sales for 1 FARLIE 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 Malvern Hills local authority area for the corresponding sale date. All of the three 1 FARLIE 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
2023 25 JAN	£350,000	£493,020	29% below HPI
2021 23 JUN	£335,000	£431,460	22% below HPI
2010 15 OCT	£238,000	£308,932	23% below HPI

1 FARLIE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Malvern Hills local authority area over time, sourced from the HPI. The three 1 FARLIE CLOSE sales between October 2010 and January 2023 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 June 2021 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2023 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 1 FARLIE CLOSE be worth now?

1 FARLIE CLOSE might now be worth an estimated £346,549.

This is based on house price deflation of 1%, between January 2023 and December 2024, for detached houses, in the Malvern Hills local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1% deflationary decrease is applied to the most recent sale price for 1 FARLIE CLOSE of £350,000 on 25th January 2023. For the value to have decreased from £350,000 to £346,549 over the one month to December 2024, the following assumptions must hold true:

• The value of 1 FARLIE CLOSE has moved in line with the HPI for detached houses in the Malvern Hills local authority area.
• The January 2023 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 1 FARLIE CLOSE has not materially changed since January 2023.

How Large is 1 FARLIE CLOSE?

1 FARLIE CLOSE is 96m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 30% of detached houses houses in Kempsey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kempsey, and where 1 FARLIE CLOSE lies on this distribution: 29% of detached houses houses are smaller than 1 FARLIE CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Kempsey.

1 FARLIE CLOSE: Plot and Title Map

1 FARLIE CLOSE sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 1 FARLIE 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 1 FARLIE 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 1 FARLIE CLOSE?

1 FARLIE CLOSE is located in KEMPSEY, in the WR5 postcode district. The below map shows the position of No. 1 on FARLIE CLOSE.