29, SPINDLE ROAD, MALVERN, WR14 2WB - £240,000

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

29 SPINDLE ROAD is a small detached house of 101m², built sometime between 1996 and 2002. It was last sold for £240,000 in September 2013, which was around 17% below the average September 2013 detached price in the Malvern Hills local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

29 SPINDLE ROAD Sold Prices

Land registry data shows two sales for 29 SPINDLE ROAD 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 29 SPINDLE ROAD 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
2013 13 SEP	£240,000	£288,951	17% below HPI
1999 26 NOV	£110,000	£133,918	18% below HPI

29 SPINDLE ROAD 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 29 SPINDLE ROAD sales from November 1999 and September 2013 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 1999 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2013 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 29 SPINDLE ROAD?

29 SPINDLE ROAD is 101m² according to the EPC inspection conducted in October 2008. 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 29 SPINDLE ROAD lies on this distribution: 38% of detached houses are smaller than 29 SPINDLE ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Great Malvern.

29 SPINDLE ROAD: Plot and Title Map

29 SPINDLE ROAD sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 29 SPINDLE ROAD, 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 29 SPINDLE ROAD). 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 29 SPINDLE ROAD?

29 SPINDLE ROAD is located in MALVERN, in the WR14 postcode district. The below map shows the position of No. 29 on SPINDLE ROAD.