48, CHARLES WAY, MALVERN, WR14 2NB - £340,000

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.

48 CHARLES WAY is a midsized extended detached house of 106m², built sometime between 1950 and 1966, which could now be worth an estimated £397,114. It was last sold for £340,000 in June 2021, which was around 21% below the average June 2021 detached price in the Malvern Hills local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

48 CHARLES WAY Sold Prices

Land registry data shows three sales for 48 CHARLES WAY 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 48 CHARLES WAY 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
2021 23 JUN	£340,000	£431,460	21% below HPI
2018 14 DEC	£340,000	£399,954	15% below HPI
2002 13 DEC	£180,000	£227,247	21% below HPI

48 CHARLES WAY 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 48 CHARLES WAY sales between December 2002 and June 2021 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 December 2018 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2021 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 48 CHARLES WAY be worth now?

48 CHARLES WAY might now be worth an estimated £397,114.

This is based on house price inflation of 16.8%, between June 2021 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 16.8% inflationary increase is applied to the most recent sale price for 48 CHARLES WAY of £340,000 on 23rd June 2021. For the value to have increased from £340,000 to £397,114 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 48 CHARLES WAY has moved in line with the HPI for detached houses in the Malvern Hills local authority area.
• The June 2021 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 48 CHARLES WAY has not materially changed since June 2021.

How Large is 48 CHARLES WAY?

48 CHARLES WAY is 106m², which includes three extensions, according to the EPC inspection conducted in June 2018. This puts it in the smallest 50% of detached houses houses in Great Malvern, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Malvern, and where 48 CHARLES WAY lies on this distribution: 43% of detached houses houses are smaller than 48 CHARLES WAY, and 56% of houses are larger. Note that EPC data is not available for all properties in Great Malvern.

48 CHARLES WAY: Plot and Title Map

48 CHARLES WAY sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 48 CHARLES WAY, 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 48 CHARLES WAY). 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 48 CHARLES WAY?

48 CHARLES WAY is located in MALVERN, in the WR14 postcode district. The below map shows the position of No. 48 on CHARLES WAY.