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 ORCHARD CLOSE is a very large extended detached house of 223m², built sometime from 2012 onwards. It was last sold for £819,000 in October 2023, which was around 77% above the average October 2023 detached price in the Malvern Hills local authority area. The most recent EPC inspection was July 2024, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 1 ORCHARD CLOSE since 1st 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 ORCHARD CLOSE sales were 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 |
---|---|---|---|
2023 26 OCT | £819,000 | £462,759 | 77% above HPI |
2013 5 APR | £525,000 | £289,458 | 81% above HPI |
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 ORCHARD CLOSE sales from April 2013 and October 2023 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 April 2013 sale was for 81% above the HPI. So the extrapolation line tracks at 81% above the HPI over time, until the October 2023 sale, where it falls to 77% above the HPI. The line then continues to track at 77% above the HPI.
1 ORCHARD CLOSE is 223m², which includes two extensions, according to the EPC inspection conducted in July 2024. This puts it in the largest 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 ORCHARD CLOSE lies on this distribution: 90% of detached houses are smaller than 1 ORCHARD CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Welland.
1 ORCHARD CLOSE sits on a plot of roughly 0.342 of an acre, or 1,382m². The below map shows the location of 1 ORCHARD 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 ORCHARD 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.
1 ORCHARD CLOSE is located in WELLAND, in the WR13 postcode district. The below map shows the position of No. 1 on ORCHARD CLOSE.