1, MAY BANK, MALVERN, WR14 2US - £135,000

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 MAY BANK is a midsized detached house of 121m², built sometime between 1991 and 1995. It was last sold for £135,000 in August 2000, which was around 11% below the average August 2000 detached price in the Malvern Hills local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

1 MAY BANK Sold Prices

Land registry data shows two sales for 1 MAY BANK 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. One of the two 1 MAY BANK sales was for below the average price, whilst the other was for above 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
2000 24 AUG	£135,000	£151,633	11% below HPI
1997 25 JUL	£122,000	£106,483	15% above HPI

1 MAY BANK 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 MAY BANK sales from July 1997 and August 2000 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 July 1997 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the August 2000 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 1 MAY BANK?

1 MAY BANK is 121m² according to the EPC inspection conducted in November 2015. This puts it in the largest 50% 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 MAY BANK lies on this distribution: 56% of detached houses are smaller than 1 MAY BANK, and 43% of houses are larger. Note that EPC data is not available for all properties in Great Malvern.

1 MAY BANK: Plot and Title Map

1 MAY BANK sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 1 MAY BANK, 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 MAY BANK). 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 MAY BANK?

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