10, SPINDLE ROAD, MALVERN, WR14 2WB - £393,000

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.

10 SPINDLE ROAD is a midsized detached house of 123m², built sometime between 1996 and 2002, which could now be worth an estimated £412,535. It was last sold for £393,000 in August 2023, which was around 18% below the average August 2023 detached price in the Malvern Hills local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

10 SPINDLE ROAD Sold Prices

Land registry data shows four sales for 10 SPINDLE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Malvern Hills local authority area for the corresponding sale date. All of the four 10 SPINDLE ROAD 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
2023 14 AUG	£393,000	£480,075	18% below HPI
2019 1 MAY	£322,000	£390,167	17% below HPI
2004 28 MAY	£215,000	£260,639	18% below HPI
1998 22 MAY	£105,000	£119,378	12% below HPI

10 SPINDLE ROAD 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 four 10 SPINDLE ROAD sales between May 1998 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 May 2019 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2023 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 10 SPINDLE ROAD be worth now?

10 SPINDLE ROAD might now be worth an estimated £412,535.

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 10 SPINDLE ROAD of £393,000 on 14th August 2023. For the value to have increased from £393,000 to £412,535 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 10 SPINDLE ROAD has moved in line with the HPI for detached houses in the Malvern Hills local authority area.
• The August 2023 sale price of £393,000 represented a fair market value for the property.
• The size, condition, and specification of 10 SPINDLE ROAD has not materially changed since August 2023.

How Large is 10 SPINDLE ROAD?

10 SPINDLE ROAD is 123m² according to the EPC inspection conducted in October 2018. This puts it in the largest 50% of detached houses houses in Great Malvern, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Malvern, and where 10 SPINDLE ROAD lies on this distribution: 58% of detached houses houses are smaller than 10 SPINDLE ROAD, and 42% of houses are larger. Note that EPC data is not available for all properties in Great Malvern.

10 SPINDLE ROAD: Plot and Title Map

10 SPINDLE ROAD sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 10 SPINDLE ROAD, 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 10 SPINDLE ROAD). 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 10 SPINDLE ROAD?

10 SPINDLE ROAD is located in MALVERN, in the WR14 postcode district. The below map shows the position of No. 10 on SPINDLE ROAD.