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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 COBHAM CLOSE is a very small detached house of 60m², built sometime between 1976 and 1982. It was last sold for £278,500 in July 2024, which was around 40% 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	£466,353	40% below HPI
2017 12 JAN	£230,000	£344,261	33% below HPI
2016 28 JUL	£170,000	£330,863	49% 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 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the July 2024 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

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 in Welland, based on EPC data. The below chart shows the distribution of detached houses by size in Welland, and where 1 COBHAM CLOSE lies on this distribution: Less than 1% of detached 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.