VIRGINIA LODGE, PICKEN END, HANLEY SWAN, WORCESTER, WR8 0DQ - £470,000

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.

VIRGINIA LODGE is a very small extended detached house of 119m², built sometime between 1996 and 2002, which could now be worth an estimated £583,467. It was last sold for £470,000 in February 2020, which was around 16% above the average February 2020 detached price in the Malvern Hills local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was C.

VIRGINIA LODGE Sold Prices

Land registry data shows four sales for VIRGINIA LODGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Malvern Hills local authority area for the corresponding sale date. Most of the four VIRGINIA LODGE 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
2020 7 FEB	£470,000	£405,937	16% above HPI
2004 15 DEC	£332,000	£290,320	14% above HPI
1997 16 MAY	£125,000	£107,741	16% above HPI
1996 19 JAN	£79,000	£94,209	16% below HPI

VIRGINIA LODGE 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 four VIRGINIA LODGE sales between January 1996 and February 2020 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 December 2004 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the February 2020 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might VIRGINIA LODGE be worth now?

VIRGINIA LODGE might now be worth an estimated £583,467.

This is based on house price inflation of 24.1%, between February 2020 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 24.1% inflationary increase is applied to the most recent sale price for VIRGINIA LODGE of £470,000 on 7th February 2020. For the value to have increased from £470,000 to £583,467 over the five years to February 2025, the following assumptions must hold true:

• The value of VIRGINIA LODGE has moved in line with the HPI for detached houses in the Malvern Hills local authority area.
• The February 2020 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of VIRGINIA LODGE has not materially changed since February 2020.

How Large is VIRGINIA LODGE?

VIRGINIA LODGE is 119m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the smallest 20% of detached houses houses in Hanley Swan, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hanley Swan, and where VIRGINIA LODGE lies on this distribution: 15% of detached houses houses are smaller than VIRGINIA LODGE, and 83% of houses are larger. Note that EPC data is not available for all properties in Hanley Swan.

VIRGINIA LODGE: Plot and Title Map

VIRGINIA LODGE sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of VIRGINIA LODGE, 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 VIRGINIA LODGE). 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 VIRGINIA LODGE?

VIRGINIA LODGE is located on PICKEN END in HANLEY SWAN, in the WR8 postcode district. The below map shows the position of VIRGINIA LODGE on PICKEN END.