RAG HOUSE, HOLLY GREEN, WORCESTER, WR8 0PD - £455,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

RAG HOUSE is a large extended detached house of 162m², built sometime before 1900. It was last sold for £455,000 in March 2011, which was around 59% above the average March 2011 detached price in the Malvern Hills local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was D.

RAG HOUSE Sold Prices

Land registry data shows two sales for RAG HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Malvern Hills local authority area for the corresponding sale date. Both of the two RAG HOUSE sales 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
2011 31 MAR	£455,000	£286,375	59% above HPI
1999 5 OCT	£177,000	£135,165	31% above HPI

RAG HOUSE 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 two RAG HOUSE sales from October 1999 and March 2011 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 October 1999 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the March 2011 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

How Large is RAG HOUSE?

RAG HOUSE is 162m², which includes two extensions, according to the EPC inspection conducted in June 2010. This puts it in the largest 30% of detached houses in Ryall, based on EPC data. The below chart shows the distribution of detached houses by size in Ryall, and where RAG HOUSE lies on this distribution: 80% of detached houses are smaller than RAG HOUSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Ryall.

RAG HOUSE: Plot and Title Map

RAG HOUSE sits on a plot of roughly 0.413 of an acre, or 1,671m². The below map shows the location of RAG 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 RAG 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 RAG HOUSE?

RAG HOUSE is located in HOLLY GREEN, in the WR8 postcode district. The below map shows the position of RAG HOUSE in HOLLY GREEN.