1, COBHAM CLOSE, WELLAND, MALVERN, WR13 6SG - £278,500

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.

1 COBHAM CLOSE is a very small detached house of 60m², built sometime between 1976 and 1982, which could now be worth an estimated £291,468. It was last sold for £278,500 in July 2024, which was around 42% below the average July 2024 detached price in the Malvern Hills local authority area. The most recent EPC inspection was February 2022, where the current energy rating was E, and the potential energy rating was B.

1 COBHAM CLOSE Sold Prices

Land registry data shows three sales for 1 COBHAM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Malvern Hills local authority area for the corresponding sale date. All of the three 1 COBHAM CLOSE 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
2024 17 JUL	£278,500	£481,516	42% below HPI
2017 12 JAN	£230,000	£365,643	37% below HPI
2016 28 JUL	£170,000	£351,413	52% below HPI

1 COBHAM CLOSE 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 three 1 COBHAM CLOSE sales between July 2016 and July 2024 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 2017 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the July 2024 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 1 COBHAM CLOSE be worth now?

1 COBHAM CLOSE might now be worth an estimated £291,468.

This is based on house price inflation of 4.7%, between July 2024 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 4.7% inflationary increase is applied to the most recent sale price for 1 COBHAM CLOSE of £278,500 on 17th July 2024. For the value to have increased from £278,500 to £291,468 over the one year and five months to February 2025, the following assumptions must hold true:

• The value of 1 COBHAM CLOSE has moved in line with the HPI for detached houses in the Malvern Hills local authority area.
• The July 2024 sale price of £278,500 represented a fair market value for the property.
• The size, condition, and specification of 1 COBHAM CLOSE has not materially changed since July 2024.

How Large is 1 COBHAM CLOSE?

1 COBHAM CLOSE is 60m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 10% of detached houses houses in Welland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Welland, and where 1 COBHAM CLOSE lies on this distribution: Less than 1% of detached houses houses are smaller than 1 COBHAM CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Welland.

1 COBHAM CLOSE: Plot and Title Map

1 COBHAM CLOSE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 1 COBHAM CLOSE, 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 COBHAM CLOSE). 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 COBHAM CLOSE?

1 COBHAM CLOSE is located in WELLAND, in the WR13 postcode district. The below map shows the position of No. 1 on COBHAM CLOSE.