2, HOWEY CLOSE, MALVERN, WR14 1WB - £760,000

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 HOWEY CLOSE is a very large detached house of 192m². It was last sold for £760,000 in May 2022, which was around 75% above the average May 2022 detached price in the Malvern Hills local authority area. The most recent EPC inspection was May 2018, where the current energy rating was B, and the potential energy rating was A.

2 HOWEY CLOSE Sold Prices

Land registry data shows two sales for 2 HOWEY 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 Malvern Hills local authority area for the corresponding sale date. Both of the two 2 HOWEY 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
2022 12 MAY	£760,000	£433,511	75% above HPI
2020 28 FEB	£630,000	£382,199	65% above HPI

2 HOWEY 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 two 2 HOWEY CLOSE sales from February 2020 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 February 2020 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the May 2022 sale, where it rises to 75% above the HPI. The line then continues to track at 75% above the HPI.

How Large is 2 HOWEY CLOSE?

2 HOWEY CLOSE is 192m² according to the EPC inspection conducted in May 2018. This puts it in the largest 10% 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 HOWEY CLOSE lies on this distribution: 90% of detached houses are smaller than 2 HOWEY CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Great Malvern.

2 HOWEY CLOSE: Plot and Title Map

2 HOWEY CLOSE sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 2 HOWEY 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 HOWEY 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 HOWEY CLOSE?

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