1, MILL MEADOW, TENBURY WELLS, WR15 8HX - £450,000

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 MILL MEADOW is a very large extended detached house of 157m², built sometime between 1983 and 1990. It was last sold for £450,000 in August 2024, which was around 1% below the average August 2024 detached price in the Malvern Hills local authority area. The most recent EPC inspection was February 2024, where the current energy rating was B, and the potential energy rating was B.

1 MILL MEADOW Sold Prices

Land registry data shows three sales for 1 MILL MEADOW 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 MILL MEADOW 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 30 AUG	£450,000	£453,636	1% below HPI
2004 10 JUN	£240,000	£256,424	6% below HPI
2003 24 SEP	£229,000	£241,570	5% below HPI

1 MILL MEADOW 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 MILL MEADOW sales between September 2003 and August 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 June 2004 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2024 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 1 MILL MEADOW?

1 MILL MEADOW is 157m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the largest 20% 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 MILL MEADOW lies on this distribution: 86% of detached houses are smaller than 1 MILL MEADOW, and 14% of houses are larger. Note that EPC data is not available for all properties in Tenbury Wells.

1 MILL MEADOW: Plot and Title Map

1 MILL MEADOW sits on a plot of roughly 0.169 of an acre, or 683m². The below map shows the location of 1 MILL MEADOW, 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 MILL MEADOW). 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 MILL MEADOW?

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