1, CRALVES MEAD, TENBURY WELLS, WR15 8EX - £348,000

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 CRALVES MEAD is a midsized extended detached house of 116m², built sometime between 1976 and 1982. It was last sold for £348,000 in May 2022, which was around 20% below the average May 2022 detached price in the Malvern Hills local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was C.

1 CRALVES MEAD Sold Prices

Land registry data shows two sales for 1 CRALVES MEAD 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 CRALVES MEAD 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
2022 17 MAY	£348,000	£433,511	20% below HPI
2020 1 JUN	£273,000	£364,700	25% below HPI

1 CRALVES MEAD 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 CRALVES MEAD sales from June 2020 and May 2022 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 June 2020 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 1 CRALVES MEAD?

1 CRALVES MEAD is 116m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the largest 50% of detached houses in Tenbury Wells, based on EPC data. The below chart shows the distribution of detached houses by size in Tenbury Wells, and where 1 CRALVES MEAD lies on this distribution: 55% of detached houses are smaller than 1 CRALVES MEAD, and 44% of houses are larger. Note that EPC data is not available for all properties in Tenbury Wells.

1 CRALVES MEAD: Plot and Title Map

1 CRALVES MEAD sits on a plot of roughly 0.093 of an acre, or 374m². The below map shows the location of 1 CRALVES MEAD, 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 CRALVES MEAD). 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 CRALVES MEAD?

1 CRALVES MEAD is located in TENBURY WELLS, in the WR15 postcode district. The below map shows the position of No. 1 on CRALVES MEAD.