1, CHARLES WAY, MALVERN, WR14 2LZ - £290,000

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

1 CHARLES WAY is a small extended detached house of 88m², built sometime between 1967 and 1975. It was last sold for £290,000 in August 2019, which was around 23% below the average August 2019 detached price in the Malvern Hills local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

1 CHARLES WAY Sold Prices

Land registry data shows two sales for 1 CHARLES WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Malvern Hills local authority area for the corresponding sale date. Both of the two 1 CHARLES WAY 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
2019 2 AUG	£290,000	£378,256	23% below HPI
2007 3 AUG	£245,000	£315,803	22% below HPI

1 CHARLES WAY 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 two 1 CHARLES WAY sales from August 2007 and August 2019 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 August 2007 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2019 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 1 CHARLES WAY?

1 CHARLES WAY is 88m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the smallest 30% of detached houses in Great Malvern, based on EPC data. The below chart shows the distribution of detached houses by size in Great Malvern, and where 1 CHARLES WAY lies on this distribution: 22% of detached houses are smaller than 1 CHARLES WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Great Malvern.

1 CHARLES WAY: Plot and Title Map

1 CHARLES WAY sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 1 CHARLES WAY, 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 CHARLES WAY). 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 CHARLES WAY?

1 CHARLES WAY is located in MALVERN, in the WR14 postcode district. The below map shows the position of No. 1 on CHARLES WAY.