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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

10 SPINDLE ROAD is a midsized detached house of 123m², built sometime between 1996 and 2002. It was last sold for £393,000 in August 2023, which was around 13% 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	£452,223	13% below HPI
2019 1 MAY	£322,000	£367,350	12% below HPI
2004 28 MAY	£215,000	£245,397	12% below HPI
1998 22 MAY	£105,000	£112,397	7% 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 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2023 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

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 in Great Malvern, based on EPC data. The below chart shows the distribution of detached houses by size in Great Malvern, and where 10 SPINDLE ROAD lies on this distribution: 57% of detached 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.