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

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

VIRGINIA LODGE is a very small extended detached house of 119m², built sometime between 1996 and 2002. It was last sold for £470,000 in February 2020, which was around 23% 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	£382,199	23% above HPI
2004 15 DEC	£332,000	£273,342	21% above HPI
1997 16 MAY	£125,000	£101,441	23% above HPI
1996 19 JAN	£79,000	£88,700	11% 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 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the February 2020 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

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 in Hanley Swan, based on EPC data. The below chart shows the distribution of detached houses by size in Hanley Swan, and where VIRGINIA LODGE lies on this distribution: 16% of detached 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.