3, COBHAM CLOSE, WELLAND, MALVERN, WR13 6SG - £320,000

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.

3 COBHAM CLOSE is a very small detached house of 62m², built sometime between 1991 and 1995, which could now be worth an estimated £327,086. It was last sold for £320,000 in January 2023, which was around 35% below the average January 2023 detached price in the Malvern Hills local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

3 COBHAM CLOSE Sold Prices

Land registry data shows three sales for 3 COBHAM CLOSE 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 3 COBHAM 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
2023 10 JAN	£320,000	£493,020	35% below HPI
2014 19 SEP	£177,500	£331,209	46% below HPI
2002 18 JAN	£88,000	£186,943	53% below HPI

3 COBHAM 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 three 3 COBHAM CLOSE sales between January 2002 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 September 2014 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the January 2023 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 3 COBHAM CLOSE be worth now?

3 COBHAM CLOSE might now be worth an estimated £327,086.

This is based on house price inflation of 2.2%, between January 2023 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 2.2% inflationary increase is applied to the most recent sale price for 3 COBHAM CLOSE of £320,000 on 10th January 2023. For the value to have increased from £320,000 to £327,086 over the one year and eleven months to February 2025, the following assumptions must hold true:

• The value of 3 COBHAM CLOSE has moved in line with the HPI for detached houses in the Malvern Hills local authority area.
• The January 2023 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 3 COBHAM CLOSE has not materially changed since January 2023.

How Large is 3 COBHAM CLOSE?

3 COBHAM CLOSE is 62m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 10% 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 3 COBHAM CLOSE lies on this distribution: 1% of detached houses houses are smaller than 3 COBHAM CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Welland.

3 COBHAM CLOSE: Plot and Title Map

3 COBHAM CLOSE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 3 COBHAM 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 3 COBHAM 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 3 COBHAM CLOSE?

3 COBHAM CLOSE is located in WELLAND, in the WR13 postcode district. The below map shows the position of No. 3 on COBHAM CLOSE.