23, GAINSBOROUGH CLOSE, WELLAND, MALVERN, WR13 6SH - £300,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

23 GAINSBOROUGH CLOSE is a midsized extended detached house of 121m², built sometime between 1976 and 1982, which could now be worth an estimated £405,732. It was last sold for £300,950 in August 2017, which was around 19% below the average August 2017 detached price in the Malvern Hills local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was B.

23 GAINSBOROUGH CLOSE Sold Prices

Land registry data shows two sales for 23 GAINSBOROUGH 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 23 GAINSBOROUGH CLOSE 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 31 AUG	£300,950	£373,794	19% below HPI
2002 30 AUG	£182,000	£216,946	16% below HPI

23 GAINSBOROUGH 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 23 GAINSBOROUGH CLOSE sales from August 2002 and August 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 August 2002 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2017 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 23 GAINSBOROUGH CLOSE be worth now?

23 GAINSBOROUGH CLOSE might now be worth an estimated £405,732.

This is based on house price inflation of 34.8%, between August 2017 and February 2025, for detached houses, in the Malvern Hills local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34.8% inflationary increase is applied to the most recent sale price for 23 GAINSBOROUGH CLOSE of £300,950 on 31st August 2017. For the value to have increased from £300,950 to £405,732 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 23 GAINSBOROUGH CLOSE has moved in line with the HPI for detached houses in the Malvern Hills local authority area.
• The August 2017 sale price of £300,950 represented a fair market value for the property.
• The size, condition, and specification of 23 GAINSBOROUGH CLOSE has not materially changed since August 2017.

How Large is 23 GAINSBOROUGH CLOSE?

23 GAINSBOROUGH CLOSE is 121m², which includes two extensions, according to the EPC inspection conducted in June 2017. This puts it in the smallest 50% of detached houses houses in Welland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Welland, and where 23 GAINSBOROUGH CLOSE lies on this distribution: 41% of detached houses houses are smaller than 23 GAINSBOROUGH CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Welland.

23 GAINSBOROUGH CLOSE: Plot and Title Map

23 GAINSBOROUGH CLOSE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 23 GAINSBOROUGH 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 23 GAINSBOROUGH 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 23 GAINSBOROUGH CLOSE?

23 GAINSBOROUGH CLOSE is located in WELLAND, in the WR13 postcode district. The below map shows the position of No. 23 on GAINSBOROUGH CLOSE.