14, GIFFARD DRIVE, WELLAND, MALVERN, WR13 6SE - £372,000

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.

14 GIFFARD DRIVE is a very small detached house of 96m², built sometime between 1983 and 1990, which could now be worth an estimated £409,923. It was last sold for £372,000 in June 2022, which was around 19% below the average June 2022 detached price in the Malvern Hills local authority area. The most recent EPC inspection was May 2018, where the current energy rating was E, and the potential energy rating was C.

14 GIFFARD DRIVE Sold Prices

Land registry data shows two sales for 14 GIFFARD DRIVE since 1^st 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 14 GIFFARD DRIVE 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
2022 24 JUN	£372,000	£457,317	19% below HPI
2018 12 NOV	£260,000	£402,108	35% below HPI

14 GIFFARD DRIVE 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 two 14 GIFFARD DRIVE sales from November 2018 and June 2022 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 2018 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 14 GIFFARD DRIVE be worth now?

14 GIFFARD DRIVE might now be worth an estimated £409,923.

This is based on house price inflation of 10.2%, between June 2022 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 10.2% inflationary increase is applied to the most recent sale price for 14 GIFFARD DRIVE of £372,000 on 24th June 2022. For the value to have increased from £372,000 to £409,923 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 14 GIFFARD DRIVE has moved in line with the HPI for detached houses in the Malvern Hills local authority area.
• The June 2022 sale price of £372,000 represented a fair market value for the property.
• The size, condition, and specification of 14 GIFFARD DRIVE has not materially changed since June 2022.

How Large is 14 GIFFARD DRIVE?

14 GIFFARD DRIVE is 96m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 20% of detached houses houses in Welland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Welland, and where 14 GIFFARD DRIVE lies on this distribution: 20% of detached houses houses are smaller than 14 GIFFARD DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Welland.

14 GIFFARD DRIVE: Plot and Title Map

14 GIFFARD DRIVE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 14 GIFFARD DRIVE, 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 14 GIFFARD DRIVE). 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 14 GIFFARD DRIVE?

14 GIFFARD DRIVE is located in WELLAND, in the WR13 postcode district. The below map shows the position of No. 14 on GIFFARD DRIVE.