4, SPRING GARDENS, MALVERN, WR14 1AP - £284,000

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

4 SPRING GARDENS is a midsized extended detached house of 124m², built sometime before 1900. It was last sold for £284,000 in July 2016, which was around 14% below the average July 2016 detached price in the Malvern Hills local authority area. The most recent EPC inspection was August 2009, where the current energy rating was E, and the potential energy rating was D.

4 SPRING GARDENS Sold Prices

Land registry data shows five sales for 4 SPRING GARDENS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Malvern Hills local authority area for the corresponding sale date. All of the five 4 SPRING GARDENS 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
2016 26 JUL	£284,000	£330,863	14% below HPI
2013 9 AUG	£271,000	£280,567	3% below HPI
2009 4 DEC	£250,000	£279,909	11% below HPI
2000 5 MAY	£132,000	£140,720	6% below HPI
1997 18 APR	£78,000	£97,688	20% below HPI

4 SPRING GARDENS 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 five 4 SPRING GARDENS sales between April 1997 and July 2016 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 2013 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the July 2016 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 4 SPRING GARDENS?

4 SPRING GARDENS is 124m², which includes one extension, according to the EPC inspection conducted in August 2009. 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 4 SPRING GARDENS lies on this distribution: 58% of detached houses are smaller than 4 SPRING GARDENS, and 42% of houses are larger. Note that EPC data is not available for all properties in Great Malvern.

4 SPRING GARDENS: Plot and Title Map

4 SPRING GARDENS sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 4 SPRING GARDENS, 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 4 SPRING GARDENS). 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 4 SPRING GARDENS?

4 SPRING GARDENS is located in MALVERN, in the WR14 postcode district. The below map shows the position of No. 4 on SPRING GARDENS.