1, THE OAKS, BELL LANE, LOWER BROADHEATH, WORCESTER, WR2 6RR - £560,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 THE OAKS is a very large detached house of 211m², which could now be worth an estimated £587,836. It was last sold for £560,000 in August 2023, which was around 17% above the average August 2023 detached price in the Malvern Hills local authority area. The most recent EPC inspection was July 2019, where the current energy rating was B, and the potential energy rating was B.

1 THE OAKS Sold Prices

Land registry data shows three sales for 1 THE OAKS 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 THE OAKS 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 4 AUG	£560,000	£480,075	17% above HPI
2023 28 APR	£467,500	£462,205	1% above HPI
2019 10 JUL	£495,000	£403,981	23% above HPI

1 THE OAKS 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 THE OAKS sales between July 2019 and August 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 2023 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2023 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 1 THE OAKS be worth now?

1 THE OAKS might now be worth an estimated £587,836.

This is based on house price inflation of 5%, between August 2023 and February 2025, for detached houses, in the Malvern Hills local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5% inflationary increase is applied to the most recent sale price for 1 THE OAKS of £560,000 on 4th August 2023. For the value to have increased from £560,000 to £587,836 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 1 THE OAKS has moved in line with the HPI for detached houses in the Malvern Hills local authority area.
• The August 2023 sale price of £560,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE OAKS has not materially changed since August 2023.

How Large is 1 THE OAKS?

1 THE OAKS is 211m² according to the EPC inspection conducted in July 2019. This puts it in the largest 20% of detached houses houses in Lower Broadheath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lower Broadheath, and where 1 THE OAKS lies on this distribution: 84% of detached houses houses are smaller than 1 THE OAKS, and 16% of houses are larger. Note that EPC data is not available for all properties in Lower Broadheath.

1 THE OAKS: Plot and Title Map

1 THE OAKS sits on a plot of roughly 0.225 of an acre, or 911m². The below map shows the location of 1 THE OAKS, 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 THE OAKS). 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 THE OAKS?

1 THE OAKS is located on BELL LANE in LOWER BROADHEATH, in the WR2 postcode district. The below map shows the position of 1 THE OAKS on BELL LANE.