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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 ASH CLOSE is a midsized detached house of 117m², built sometime between 1996 and 2002, which could now be worth an estimated £352,285. It was last sold for £250,000 in November 2016, which was around 30% 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	£357,621	30% below HPI
2002 28 MAR	£153,000	£182,787	16% below HPI
1999 26 NOV	£123,950	£142,236	13% 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 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2016 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 2 ASH CLOSE be worth now?

2 ASH CLOSE might now be worth an estimated £352,285.

This is based on house price inflation of 40.9%, between November 2016 and February 2025, for detached houses, in the Malvern Hills local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 40.9% inflationary increase is applied to the most recent sale price for 2 ASH CLOSE of £250,000 on 11th November 2016. For the value to have increased from £250,000 to £352,285 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 ASH CLOSE has moved in line with the HPI for detached houses in the Malvern Hills local authority area.
• The November 2016 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ASH CLOSE has not materially changed since November 2016.

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 houses in Great Malvern, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Malvern, and where 2 ASH CLOSE lies on this distribution: 54% of detached houses houses are smaller than 2 ASH CLOSE, and 46% 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.