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
107 WELLS ROAD is a large extended detached house of 131m², built sometime between 1996 and 2002. It was last sold for £343,000 in December 2012, which was around 22% above the average December 2012 detached price in the Malvern Hills local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 107 WELLS ROAD since 1st 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. Two of the three 107 WELLS ROAD sales were for above the average price, whilst one was 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 |
---|---|---|---|
2012 20 DEC | £343,000 | £281,782 | 22% above HPI |
2007 3 APR | £344,700 | £291,833 | 18% above HPI |
2003 28 JUL | £180,500 | £226,155 | 20% 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 three 107 WELLS ROAD sales between July 2003 and December 2012 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 2007 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the December 2012 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.
107 WELLS ROAD is 131m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the largest 40% 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 107 WELLS ROAD lies on this distribution: 66% of detached houses are smaller than 107 WELLS ROAD, and 34% of houses are larger. Note that EPC data is not available for all properties in Great Malvern.
107 WELLS ROAD sits on a plot of roughly 0.152 of an acre, or 616m². The below map shows the location of 107 WELLS 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 107 WELLS 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.
107 WELLS ROAD is located in MALVERN, in the WR14 postcode district. The below map shows the position of No. 107 on WELLS ROAD.