THE FIRS, 96A, CORNMEADOW LANE, WORCESTER, WR3 7PW - £340,000

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

THE FIRS is a midsized detached house of 116m², built sometime between 1996 and 2002, which could now be worth an estimated £435,538. It was last sold for £340,000 in February 2018, which was around 3% above the average February 2018 detached price in the Worcester local authority area. The most recent EPC inspection was December 2016, 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 Worcester local authority area for the corresponding sale date. Both of the two THE FIRS 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
2018 23 FEB	£340,000	£330,468	3% above HPI
1997 9 OCT	£98,000	£91,339	7% above HPI

THE FIRS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Worcester local authority area over time, sourced from the HPI. The two THE FIRS sales from October 1997 and February 2018 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 1997 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the February 2018 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might THE FIRS be worth now?

THE FIRS might now be worth an estimated £435,538.

This is based on house price inflation of 28.1%, between February 2018 and December 2024, for detached houses, in the Worcester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.1% inflationary increase is applied to the most recent sale price for THE FIRS of £340,000 on 23rd February 2018. For the value to have increased from £340,000 to £435,538 over the five years and two months to December 2024, the following assumptions must hold true:

• The value of THE FIRS has moved in line with the HPI for detached houses in the Worcester local authority area.
• The February 2018 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of THE FIRS has not materially changed since February 2018.

How Large is THE FIRS?

THE FIRS is 116m² according to the EPC inspection conducted in December 2016. This puts it in the largest 50% of detached houses houses in Worcester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Worcester, and where THE FIRS lies on this distribution: 55% of detached houses houses are smaller than THE FIRS, and 43% of houses are larger. Note that EPC data is not available for all properties in Worcester.

THE FIRS: Plot and Title Map

THE FIRS sits on a plot of roughly 0.093 of an acre, or 378m². 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 CORNMEADOW LANE in WORCESTER, in the WR3 postcode district. The below map shows the position of THE FIRS on CORNMEADOW LANE.