Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
6 GREEN LANE is a midsized extended detached house of 126m², built sometime between 1950 and 1966. It was last sold for £247,000 in July 2004, which was around 6% below the average July 2004 detached price in the Malvern Hills local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 6 GREEN LANE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Malvern Hills local authority area for the corresponding sale date. two of the four 6 GREEN LANE sales were for below the average price, and four 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 |
---|---|---|---|
2004 1 JUL | £247,000 | £263,222 | 6% below HPI |
2003 24 JAN | £245,000 | £221,440 | 11% above HPI |
1998 17 DEC | £125,000 | £118,784 | 5% above HPI |
1997 27 OCT | £108,000 | £111,616 | 3% below HPI |
The below graph shows the average detached house price in the Malvern Hills local authority area over time, sourced from the HPI. The four 6 GREEN LANE sales between October 1997 and July 2004 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 2003 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the July 2004 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.
6 GREEN LANE is 126m², which includes two extensions, according to the EPC inspection conducted in May 2024. This puts it in the smallest 50% of detached houses in Lower Broadheath, based on EPC data. The below chart shows the distribution of detached houses by size in Lower Broadheath, and where 6 GREEN LANE lies on this distribution: 45% of detached houses are smaller than 6 GREEN LANE, and 54% of houses are larger. Note that EPC data is not available for all properties in Lower Broadheath.
6 GREEN LANE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 6 GREEN LANE, 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 6 GREEN LANE). 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.
6 GREEN LANE is located in LOWER BROADHEATH, in the WR2 postcode district. The below map shows the position of No. 6 on GREEN LANE.