2, SILVERLANDS, TERRILLS LANE, TENBURY WELLS, WR15 8DD - £490,000

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 SILVERLANDS is a large detached house of 124m², built sometime between 1983 and 1990. It was last sold for £490,000 in July 2023, which was around 10% above the average July 2023 detached price in the Malvern Hills local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

2 SILVERLANDS Sold Prices

Land registry data shows two sales for 2 SILVERLANDS 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. One of the two 2 SILVERLANDS sales was for above the average price, whilst the other was 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
2023 18 JUL	£490,000	£447,034	10% above HPI
2015 18 NOV	£275,000	£328,911	16% below HPI

2 SILVERLANDS 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 SILVERLANDS sales from November 2015 and July 2023 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 November 2015 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2023 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 2 SILVERLANDS?

2 SILVERLANDS is 124m² according to the EPC inspection conducted in July 2015. This puts it in the largest 40% 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 2 SILVERLANDS lies on this distribution: 63% of detached houses are smaller than 2 SILVERLANDS, and 36% of houses are larger. Note that EPC data is not available for all properties in Tenbury Wells.

2 SILVERLANDS: Plot and Title Map

2 SILVERLANDS sits on a plot of roughly 0.338 of an acre, or 1,367m². The below map shows the location of 2 SILVERLANDS, 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 SILVERLANDS). 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 SILVERLANDS?

2 SILVERLANDS is located on TERRILLS LANE in TENBURY WELLS, in the WR15 postcode district. The below map shows the position of 2 SILVERLANDS on TERRILLS LANE.