16, OLD SCHOOL CLOSE, CRADLEY, MALVERN, WR13 5AL - £357,000

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

16 OLD SCHOOL CLOSE is a midsized detached house of 127m², built sometime from 2007 onwards. It was last sold for £357,000 in August 2018, which was around 5% above the average August 2018 detached price in the Herefordshire local authority area. The most recent EPC inspection was July 2010, where the current energy rating was C, and the potential energy rating was C.

16 OLD SCHOOL CLOSE Sold Prices

Land registry data shows two sales for 16 OLD SCHOOL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. Both of the two 16 OLD SCHOOL CLOSE 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
2018 1 AUG	£357,000	£340,770	5% above HPI
2009 20 MAR	£315,000	£245,387	28% above HPI

16 OLD SCHOOL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The two 16 OLD SCHOOL CLOSE sales from March 2009 and August 2018 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 2009 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the August 2018 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 16 OLD SCHOOL CLOSE?

16 OLD SCHOOL CLOSE is 127m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 50% of detached houses in Cradley, based on EPC data. The below chart shows the distribution of detached houses by size in Cradley, and where 16 OLD SCHOOL CLOSE lies on this distribution: 47% of detached houses are smaller than 16 OLD SCHOOL CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Cradley.

16 OLD SCHOOL CLOSE: Plot and Title Map

16 OLD SCHOOL CLOSE sits on a plot of roughly 0.148 of an acre, or 599m². The below map shows the location of 16 OLD SCHOOL 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 16 OLD SCHOOL 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 16 OLD SCHOOL CLOSE?

16 OLD SCHOOL CLOSE is located in CRADLEY, in the WR13 postcode district. The below map shows the position of No. 16 on OLD SCHOOL CLOSE.