23, CHESTER PLACE, MALVERN, WR14 1RQ - £385,000

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

23 CHESTER PLACE is a midsized detached house of 120m². It was last sold for £385,000 in January 2023, which was around 17% below the average January 2023 detached price in the Malvern Hills local authority area. The most recent EPC inspection was November 2018, where the current energy rating was B, and the potential energy rating was A.

23 CHESTER PLACE Sold Prices

Land registry data shows three sales for 23 CHESTER PLACE 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 23 CHESTER PLACE 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
2023 27 JAN	£385,000	£464,188	17% below HPI
2019 1 NOV	£312,500	£367,706	15% below HPI
2017 27 JUL	£119,000	£352,807	66% below HPI

23 CHESTER PLACE 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 23 CHESTER PLACE sales between July 2017 and January 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 2019 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the January 2023 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 23 CHESTER PLACE?

23 CHESTER PLACE is 120m² according to the EPC inspection conducted in November 2018. This puts it in the largest 50% 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 23 CHESTER PLACE lies on this distribution: 56% of detached houses are smaller than 23 CHESTER PLACE, and 44% of houses are larger. Note that EPC data is not available for all properties in Great Malvern.

23 CHESTER PLACE: Plot and Title Map

23 CHESTER PLACE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 23 CHESTER PLACE, 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 23 CHESTER PLACE). 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 23 CHESTER PLACE?

23 CHESTER PLACE is located in MALVERN, in the WR14 postcode district. The below map shows the position of No. 23 on CHESTER PLACE.