1, MALVERN ROAD, LICKEY, BIRMINGHAM, B45 8EX - £327,500

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 MALVERN ROAD is a very small extended detached house of 75m², built sometime between 1950 and 1966. It was last sold for £327,500 in December 2015, which was around 9% below the average December 2015 detached price in the Bromsgrove local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

1 MALVERN ROAD Sold Prices

Land registry data shows three sales for 1 MALVERN ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. All of the three 1 MALVERN ROAD 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
2015 1 DEC	£327,500	£359,911	9% below HPI
2014 21 FEB	£238,000	£317,186	25% below HPI
2007 12 JAN	£235,000	£305,371	23% below HPI

1 MALVERN ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The three 1 MALVERN ROAD sales between January 2007 and December 2015 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 February 2014 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2015 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 1 MALVERN ROAD?

1 MALVERN ROAD is 75m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of detached houses in Lickey, based on EPC data. The below chart shows the distribution of detached houses by size in Lickey, and where 1 MALVERN ROAD lies on this distribution: 2% of detached houses are smaller than 1 MALVERN ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Lickey.

1 MALVERN ROAD: Plot and Title Map

1 MALVERN ROAD sits on a plot of roughly 0.134 of an acre, or 542m². The below map shows the location of 1 MALVERN ROAD, 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 MALVERN ROAD). 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 MALVERN ROAD?

1 MALVERN ROAD is located in LICKEY, in the B45 postcode district. The below map shows the position of No. 1 on MALVERN ROAD.