THE OLD FORGE, THE VILLAGE, ABBERLEY, WORCESTER, WR6 6BN - £250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE OLD FORGE is a small detached house of 120m², built sometime between 1991 and 1995, which could now be worth an estimated £287,959. It was last sold for £250,000 in July 2021, which was around 43% below the average July 2021 detached price in the Malvern Hills local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was C.

THE OLD FORGE Sold Prices

Land registry data shows two sales for THE OLD FORGE 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 OLD FORGE sales were for below 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
2021 14 JUL	£250,000	£437,509	43% below HPI
1997 11 MAR	£100,000	£102,161	2% below HPI

THE OLD FORGE 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 OLD FORGE sales from March 1997 and July 2021 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 1997 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2021 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might THE OLD FORGE be worth now?

THE OLD FORGE might now be worth an estimated £287,959.

This is based on house price inflation of 15.2%, between July 2021 and February 2025, for detached houses, in the Malvern Hills local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.2% inflationary increase is applied to the most recent sale price for THE OLD FORGE of £250,000 on 14th July 2021. For the value to have increased from £250,000 to £287,959 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of THE OLD FORGE has moved in line with the HPI for detached houses in the Malvern Hills local authority area.
• The July 2021 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of THE OLD FORGE has not materially changed since July 2021.

How Large is THE OLD FORGE?

THE OLD FORGE is 120m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 40% of detached houses houses in Abberley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Abberley, and where THE OLD FORGE lies on this distribution: 38% of detached houses houses are smaller than THE OLD FORGE, and 62% of houses are larger. Note that EPC data is not available for all properties in Abberley.

THE OLD FORGE: Plot and Title Map

THE OLD FORGE sits on a plot of roughly 0.037 of an acre, or 148m². The below map shows the location of THE OLD FORGE, 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 OLD FORGE). 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 OLD FORGE?

THE OLD FORGE is located on THE VILLAGE in ABBERLEY, in the WR6 postcode district. The below map shows the position of THE OLD FORGE on THE VILLAGE.