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

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

48 CHARLES WAY is a midsized extended detached house of 106m², built sometime between 1950 and 1966. It was last sold for £340,000 in June 2021, which was around 16% 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	£406,228	16% below HPI
2018 14 DEC	£340,000	£376,565	10% below HPI
2002 13 DEC	£180,000	£213,958	16% 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 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2021 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

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 in Great Malvern, based on EPC data. The below chart shows the distribution of detached houses by size in Great Malvern, and where 48 CHARLES WAY lies on this distribution: 43% of detached 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.