HOLLY HOUSE, IVY LANE, FERNHILL HEATH, WORCESTER, WR3 8RW - £480,000

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

HOLLY HOUSE is a midsized detached house of 137m², built sometime between 1996 and 2002. It was last sold for £480,000 in May 2024, which was around 1% below the average May 2024 detached price in the Wychavon local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was C.

HOLLY HOUSE Sold Prices

Land registry data shows three sales for HOLLY HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wychavon local authority area for the corresponding sale date. One of the three HOLLY HOUSE sales was for below the average price, whilst two 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
2024 30 MAY	£480,000	£484,585	1% below HPI
2017 10 MAR	£400,000	£369,229	8% above HPI
1999 19 FEB	£159,950	£130,467	23% above HPI

HOLLY HOUSE 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 three HOLLY HOUSE sales between February 1999 and May 2024 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 March 2017 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the May 2024 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is HOLLY HOUSE?

HOLLY HOUSE is 137m² according to the EPC inspection conducted in December 2016. This puts it in the largest 50% of detached houses in Fernhill Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Fernhill Heath, and where HOLLY HOUSE lies on this distribution: 58% of detached houses are smaller than HOLLY HOUSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Fernhill Heath.

HOLLY HOUSE: Plot and Title Map

HOLLY HOUSE sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of HOLLY HOUSE, 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 HOLLY HOUSE). 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 HOLLY HOUSE?

HOLLY HOUSE is located on IVY LANE in FERNHILL HEATH, in the WR3 postcode district. The below map shows the position of HOLLY HOUSE on IVY LANE.