OLD FORGE, ALFRICK, WORCESTER, WR6 5HL - £435,000

OLD FORGE is a midsized extended detached house of 144m², built sometime before 1900. It was last sold for £435,000 in May 2018, which was around 22% above the average May 2018 detached price in the Malvern Hills local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

OLD FORGE Sold Prices

Land registry data shows four sales for OLD FORGE 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. All of the four OLD FORGE 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
2018 29 MAY	£435,000	£357,566	22% above HPI
2007 17 JUL	£370,000	£311,077	19% above HPI
2003 2 OCT	£295,000	£242,886	21% above HPI
1997 17 JAN	£100,000	£93,383	7% above HPI

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 four OLD FORGE sales between January 1997 and May 2018 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 July 2007 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the May 2018 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is OLD FORGE?

OLD FORGE is 144m², which includes three extensions, according to the EPC inspection conducted in March 2018. This puts it in the largest 50% of detached houses in Alfrick, based on EPC data. The below chart shows the distribution of detached houses by size in Alfrick, and where OLD FORGE lies on this distribution: 55% of detached houses are smaller than OLD FORGE, and 45% of houses are larger. Note that EPC data is not available for all properties in Alfrick.

OLD FORGE: Plot and Title Map

OLD FORGE sits on a plot of roughly 0.309 of an acre, or 1,250m². The below map shows the location of 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 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 OLD FORGE?

OLD FORGE is located in ALFRICK, in the WR6 postcode district. The below map shows the position of OLD FORGE in ALFRICK.