THE PINES, HOLLY GREEN, WORCESTER, WR8 0PD - £705,000

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 PINES is a very large detached house of 234m², built sometime between 1996 and 2002. It was last sold for £705,000 in June 2022, which was around 64% above the average June 2022 detached price in the Malvern Hills local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.

THE PINES Sold Prices

Land registry data shows three sales for THE PINES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Malvern Hills local authority area for the corresponding sale date. All of the three THE PINES 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
2022 13 JUN	£705,000	£430,574	64% above HPI
2002 7 JUN	£329,500	£190,809	73% above HPI
1998 27 NOV	£242,500	£120,059	102% above HPI

THE PINES 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 three THE PINES sales between November 1998 and June 2022 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 June 2002 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the June 2022 sale, where it falls to 64% above the HPI. The line then continues to track at 64% above the HPI.

How Large is THE PINES?

THE PINES is 234m² according to the EPC inspection conducted in November 2021. This puts it in the largest 10% of detached houses in Ryall, based on EPC data. The below chart shows the distribution of detached houses by size in Ryall, and where THE PINES lies on this distribution: 97% of detached houses are smaller than THE PINES, and 3% of houses are larger. Note that EPC data is not available for all properties in Ryall.

THE PINES: Plot and Title Map

THE PINES sits on a plot of roughly 0.236 of an acre, or 954m². The below map shows the location of THE PINES, 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 PINES). 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 PINES?

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