1, THE FAIRWAY, WORCESTER, WR4 9UH - £189,000

1 THE FAIRWAY is a small detached house of 86m², built sometime between 1983 and 1990. It was last sold for £189,000 in March 2016, which was around 37% below the average March 2016 detached price in the Worcester local authority area. The most recent EPC inspection was December 2015, where the current energy rating was C, and the potential energy rating was B.

1 THE FAIRWAY Sold Prices

Land registry data shows three sales for 1 THE FAIRWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Worcester local authority area for the corresponding sale date. All of the three 1 THE FAIRWAY 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
2016 31 MAR	£189,000	£299,304	37% below HPI
1999 29 JAN	£66,000	£101,427	35% below HPI
1996 29 AUG	£58,500	£83,766	30% below HPI

1 THE FAIRWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Worcester local authority area over time, sourced from the HPI. The three 1 THE FAIRWAY sales between August 1996 and March 2016 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 January 1999 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the March 2016 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 1 THE FAIRWAY?

1 THE FAIRWAY is 86m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 30% of detached houses in Worcester, based on EPC data. The below chart shows the distribution of detached houses by size in Worcester, and where 1 THE FAIRWAY lies on this distribution: 20% of detached houses are smaller than 1 THE FAIRWAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Worcester.

1 THE FAIRWAY: Plot and Title Map

1 THE FAIRWAY sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 1 THE FAIRWAY, 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 1 THE FAIRWAY). 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 1 THE FAIRWAY?

1 THE FAIRWAY is located in WORCESTER, in the WR4 postcode district. The below map shows the position of No. 1 on THE FAIRWAY.