15, ASH CLOSE, MALVERN, WR14 2WF - £320,000

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.

15 ASH CLOSE is a large detached house of 132m², built sometime between 1991 and 1995, which could now be worth an estimated £410,466. It was last sold for £320,000 in August 2020, which was around 19% below the average August 2020 detached price in the Malvern Hills local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

15 ASH CLOSE Sold Prices

Land registry data shows three sales for 15 ASH CLOSE 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. Two of the three 15 ASH CLOSE sales were for below the average price, whilst one was 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
2020 12 AUG	£320,000	£392,871	19% below HPI
2006 29 SEP	£284,950	£317,684	10% below HPI
1999 28 MAY	£139,995	£128,137	9% above HPI

15 ASH CLOSE 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 15 ASH CLOSE sales between May 1999 and August 2020 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 September 2006 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2020 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 15 ASH CLOSE be worth now?

15 ASH CLOSE might now be worth an estimated £410,466.

This is based on house price inflation of 28.3%, between August 2020 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 28.3% inflationary increase is applied to the most recent sale price for 15 ASH CLOSE of £320,000 on 12th August 2020. For the value to have increased from £320,000 to £410,466 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 15 ASH CLOSE has moved in line with the HPI for detached houses in the Malvern Hills local authority area.
• The August 2020 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 15 ASH CLOSE has not materially changed since August 2020.

How Large is 15 ASH CLOSE?

15 ASH CLOSE is 132m² according to the EPC inspection conducted in September 2019. This puts it in the largest 40% 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 15 ASH CLOSE lies on this distribution: 67% of detached houses houses are smaller than 15 ASH CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Great Malvern.

15 ASH CLOSE: Plot and Title Map

15 ASH CLOSE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 15 ASH CLOSE, 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 15 ASH CLOSE). 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 15 ASH CLOSE?

15 ASH CLOSE is located in MALVERN, in the WR14 postcode district. The below map shows the position of No. 15 on ASH CLOSE.