15, TEME AVENUE, MALVERN, WR14 2XA - £505,000

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 TEME AVENUE is a very large extended detached house of 160m², built sometime between 1976 and 1982. It was last sold for £505,000 in October 2023, which was around 8% above the average October 2023 detached price in the Malvern Hills local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

15 TEME AVENUE Sold Prices

Land registry data shows four sales for 15 TEME AVENUE 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. Most of the four 15 TEME AVENUE sales were 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
2023 6 OCT	£505,000	£465,627	8% above HPI
2018 23 MAR	£415,000	£351,620	18% above HPI
1999 11 JUN	£135,000	£125,026	8% above HPI
1996 1 NOV	£89,000	£91,606	3% below HPI

15 TEME AVENUE 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 15 TEME AVENUE sales between November 1996 and October 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 March 2018 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the October 2023 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 15 TEME AVENUE?

15 TEME AVENUE is 160m², which includes three extensions, according to the EPC inspection conducted in May 2023. This puts it in the largest 20% 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 TEME AVENUE lies on this distribution: 82% of detached houses are smaller than 15 TEME AVENUE, and 18% of houses are larger. Note that EPC data is not available for all properties in Great Malvern.

15 TEME AVENUE: Plot and Title Map

15 TEME AVENUE sits on a plot of roughly 0.104 of an acre, or 423m². The below map shows the location of 15 TEME AVENUE, 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 TEME AVENUE). 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 TEME AVENUE?

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