18, CRALVES MEAD, TENBURY WELLS, WR15 8EX - £265,000

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

18 CRALVES MEAD is a very small detached house of 71m², built sometime between 1976 and 1982. It was last sold for £265,000 in December 2020, which was around 33% below the average December 2020 detached price in the Malvern Hills local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

18 CRALVES MEAD Sold Prices

Land registry data shows two sales for 18 CRALVES MEAD 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 18 CRALVES MEAD 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
2020 15 DEC	£265,000	£394,360	33% below HPI
2007 5 OCT	£228,000	£312,487	27% below HPI

18 CRALVES MEAD 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 18 CRALVES MEAD sales from October 2007 and December 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 October 2007 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2020 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 18 CRALVES MEAD?

18 CRALVES MEAD is 71m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% of detached houses in Tenbury Wells, based on EPC data. The below chart shows the distribution of detached houses by size in Tenbury Wells, and where 18 CRALVES MEAD lies on this distribution: 14% of detached houses are smaller than 18 CRALVES MEAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Tenbury Wells.

18 CRALVES MEAD: Plot and Title Map

18 CRALVES MEAD sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 18 CRALVES MEAD, 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 18 CRALVES MEAD). 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 18 CRALVES MEAD?

18 CRALVES MEAD is located in TENBURY WELLS, in the WR15 postcode district. The below map shows the position of No. 18 on CRALVES MEAD.