2, ASH CLOSE, MALVERN, WR14 2WF - £250,000

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

2 ASH CLOSE is a midsized detached house of 117m², built sometime between 1996 and 2002. It was last sold for £250,000 in November 2016, which was around 26% below the average November 2016 detached price in the Malvern Hills local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was C.

2 ASH CLOSE Sold Prices

Land registry data shows three sales for 2 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. All of the three 2 ASH CLOSE 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
2016 11 NOV	£250,000	£336,708	26% below HPI
2002 28 MAR	£153,000	£172,098	11% below HPI
1999 26 NOV	£123,950	£133,918	7% below HPI

2 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 2 ASH CLOSE sales between November 1999 and November 2016 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 2002 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2016 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 2 ASH CLOSE?

2 ASH CLOSE is 117m² according to the EPC inspection conducted in November 2010. 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 2 ASH CLOSE lies on this distribution: 53% of detached houses are smaller than 2 ASH CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Great Malvern.

2 ASH CLOSE: Plot and Title Map

2 ASH CLOSE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 2 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 2 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 2 ASH CLOSE?

2 ASH CLOSE is located in MALVERN, in the WR14 postcode district. The below map shows the position of No. 2 on ASH CLOSE.