23, CHESTNUT DRIVE, MALVERN, WR14 4AS - £235,000

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

23 CHESTNUT DRIVE is a small extended detached house of 97m², built sometime between 1976 and 1982. It was last sold for £235,000 in September 2017, which was around 34% below the average September 2017 detached price in the Malvern Hills local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

23 CHESTNUT DRIVE Sold Prices

Land registry data shows four sales for 23 CHESTNUT DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Malvern Hills local authority area for the corresponding sale date. All of the four 23 CHESTNUT DRIVE 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
2017 25 SEP	£235,000	£355,293	34% below HPI
2004 26 OCT	£185,000	£273,522	32% below HPI
2002 5 APR	£124,500	£178,861	30% below HPI
2001 4 MAY	£107,000	£153,997	31% below HPI

23 CHESTNUT DRIVE 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 four 23 CHESTNUT DRIVE sales between May 2001 and September 2017 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 2004 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2017 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 23 CHESTNUT DRIVE?

23 CHESTNUT DRIVE is 97m², which includes two extensions, according to the EPC inspection conducted in July 2017. This puts it in the smallest 40% 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 CHESTNUT DRIVE lies on this distribution: 33% of detached houses are smaller than 23 CHESTNUT DRIVE, and 66% of houses are larger. Note that EPC data is not available for all properties in Great Malvern.

23 CHESTNUT DRIVE: Plot and Title Map

23 CHESTNUT DRIVE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 23 CHESTNUT DRIVE, 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 CHESTNUT DRIVE). 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 CHESTNUT DRIVE?

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