2, GLADSTONE COTTAGES, OLD ROAD NORTH, KEMPSEY, WORCESTER, WR5 3JZ - £296,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 GLADSTONE COTTAGES is a very small semi-detached house of 72m². It was last sold for £296,000 in May 2022, which was around 32% below the average May 2022 detached price in the Malvern Hills local authority area. The most recent EPC inspection was July 2016, where the current energy rating was B, and the potential energy rating was A.

2 GLADSTONE COTTAGES Sold Prices

Land registry data shows three sales for 2 GLADSTONE COTTAGES 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 GLADSTONE COTTAGES 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
2022 6 MAY	£296,000	£433,511	32% below HPI
2017 28 JUL	£250,000	£352,807	29% below HPI
2014 24 OCT	£160,000	£308,273	48% below HPI

2 GLADSTONE COTTAGES 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 GLADSTONE COTTAGES sales between October 2014 and May 2022 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 July 2017 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2022 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 2 GLADSTONE COTTAGES?

2 GLADSTONE COTTAGES is 72m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 10% of detached houses in Kempsey, based on EPC data. The below chart shows the distribution of detached houses by size in Kempsey, and where 2 GLADSTONE COTTAGES lies on this distribution: 5% of detached houses are smaller than 2 GLADSTONE COTTAGES, and 95% of houses are larger. Note that EPC data is not available for all properties in Kempsey.

2 GLADSTONE COTTAGES: Plot and Title Map

2 GLADSTONE COTTAGES sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 2 GLADSTONE COTTAGES, 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 GLADSTONE COTTAGES). 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 GLADSTONE COTTAGES?

2 GLADSTONE COTTAGES is located on OLD ROAD NORTH in KEMPSEY, in the WR5 postcode district. The below map shows the position of 2 GLADSTONE COTTAGES on OLD ROAD NORTH.