2, THE PADDOCKS, CHASE ROAD, UPPER WELLAND, MALVERN, WR14 4JY - £475,000

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 THE PADDOCKS is a large detached house of 203m², built sometime between 2003 and 2006. It was last sold for £475,000 in December 2009, which was around 70% above the average December 2009 detached price in the Malvern Hills local authority area. The most recent EPC inspection was January 2009, where the current energy rating was C, and the potential energy rating was C.

2 THE PADDOCKS Sold Prices

Land registry data shows three sales for 2 THE PADDOCKS 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 THE PADDOCKS 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
2009 10 DEC	£475,000	£279,909	70% above HPI
2007 26 OCT	£530,000	£312,487	70% above HPI
2007 18 JAN	£475,000	£303,404	57% above HPI

2 THE PADDOCKS 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 THE PADDOCKS sales between January 2007 and December 2009 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 October 2007 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the December 2009 sale, which was also at 70% above the HPI.

How Large is 2 THE PADDOCKS?

2 THE PADDOCKS is 203m² according to the EPC inspection conducted in January 2009. This puts it in the largest 40% of detached houses in Upper Welland, based on EPC data. The below chart shows the distribution of detached houses by size in Upper Welland, and where 2 THE PADDOCKS lies on this distribution: 67% of detached houses are smaller than 2 THE PADDOCKS, and 33% of houses are larger. Note that EPC data is not available for all properties in Upper Welland.

2 THE PADDOCKS: Plot and Title Map

2 THE PADDOCKS sits on a plot of roughly 0.178 of an acre, or 719m². The below map shows the location of 2 THE PADDOCKS, 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 THE PADDOCKS). 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 THE PADDOCKS?

2 THE PADDOCKS is located on CHASE ROAD in UPPER WELLAND, in the WR14 postcode district. The below map shows the position of 2 THE PADDOCKS on CHASE ROAD.