15, LODGE DRIVE, MALVERN, WR14 4LS - £390,000

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

15 LODGE DRIVE is a midsized detached house of 113m², built sometime between 1967 and 1975. It was last sold for £390,000 in August 2021, which was around 7% below the average August 2021 detached price in the Malvern Hills local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

15 LODGE DRIVE Sold Prices

Land registry data shows two sales for 15 LODGE 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 15 LODGE 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
2021 6 AUG	£390,000	£417,478	7% below HPI
2012 12 OCT	£200,000	£284,420	30% below HPI

15 LODGE 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 15 LODGE DRIVE sales from October 2012 and August 2021 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 October 2012 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2021 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 15 LODGE DRIVE?

15 LODGE DRIVE is 113m² according to the EPC inspection conducted in January 2021. 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 15 LODGE DRIVE lies on this distribution: 49% of detached houses are smaller than 15 LODGE DRIVE, and 50% of houses are larger. Note that EPC data is not available for all properties in Great Malvern.

15 LODGE DRIVE: Plot and Title Map

15 LODGE DRIVE sits on a plot of roughly 0.352 of an acre, or 1,425m². The below map shows the location of 15 LODGE 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 15 LODGE 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 15 LODGE DRIVE?

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