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 SORREL WAY is a very small detached house of 59m², built sometime between 1991 and 1995. It was last sold for £56,250 in August 2001, which was around 65% below the average August 2001 detached price in the Malvern Hills local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 1 SORREL WAY 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 SORREL WAY 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 |
---|---|---|---|
2001 24 AUG | £56,250 | £162,456 | 65% below HPI |
1999 26 NOV | £27,250 | £133,918 | 80% below 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 SORREL WAY sales from November 1999 and August 2001 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 November 1999 sale was for 80% below the HPI. So the extrapolation line tracks at 80% below the HPI over time, until the August 2001 sale, where it rises to 65% below the HPI. The line then continues to track at 65% below the HPI.
1 SORREL WAY is 59m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 10% 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 SORREL WAY lies on this distribution: 2% of detached houses are smaller than 1 SORREL WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Great Malvern.
1 SORREL WAY sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 1 SORREL WAY, 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 SORREL WAY). 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 SORREL WAY is located in MALVERN, in the WR14 postcode district. The below map shows the position of No. 1 on SORREL WAY.