THE FIRS, HANLEY SWAN, WORCESTER, WR8 0DN - £411,000

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

THE FIRS is a midsized detached house of 146m², built sometime from 2007 onwards. It was last sold for £411,000 in August 2019, which was around 9% above the average August 2019 detached price in the Malvern Hills local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

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 Malvern Hills 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
2019 27 AUG	£411,000	£378,256	9% above HPI
1998 23 OCT	£180,000	£116,937	54% above HPI

THE FIRS 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 THE FIRS sales from October 1998 and August 2019 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 1998 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the August 2019 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is THE FIRS?

THE FIRS is 146m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 50% of detached houses in Hanley Swan, based on EPC data. The below chart shows the distribution of detached houses by size in Hanley Swan, and where THE FIRS lies on this distribution: 47% of detached houses are smaller than THE FIRS, and 53% of houses are larger. Note that EPC data is not available for all properties in Hanley Swan.

THE FIRS: Plot and Title Map

THE FIRS sits on a plot of roughly 0.119 of an acre, or 482m². 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 in HANLEY SWAN, in the WR8 postcode district. The below map shows the position of THE FIRS in HANLEY SWAN.