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

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

THE OLD FORGE is a small detached house of 120m², built sometime between 1991 and 1995. It was last sold for £250,000 in July 2021, which was around 39% 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. One of the two THE OLD FORGE sales was for below the average price, whilst the other was 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
2021 14 JUL	£250,000	£411,924	39% below HPI
1997 11 MAR	£100,000	£96,187	4% above 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 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2021 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

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 in Abberley, based on EPC data. The below chart shows the distribution of detached houses by size in Abberley, and where THE OLD FORGE lies on this distribution: 40% of detached houses are smaller than THE OLD FORGE, and 60% 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.