Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
5 LOWER CHASE ROAD is a midsized extended detached house of 108m², built sometime before 1900. It was last sold for £150,000 in September 2005, which was around 46% below the average September 2005 detached price in the Malvern Hills local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 5 LOWER CHASE ROAD since 1st 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 5 LOWER CHASE 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 |
---|---|---|---|
2005 28 SEP | £150,000 | £275,570 | 46% below HPI |
1996 29 MAR | £38,000 | £90,767 | 58% below HPI |
The below graph shows the average detached house price in the Malvern Hills local authority area over time, sourced from the HPI. The two 5 LOWER CHASE ROAD sales from March 1996 and September 2005 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 March 1996 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the September 2005 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.
5 LOWER CHASE ROAD is 108m², which includes one extension, according to the EPC inspection conducted in July 2022. 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 5 LOWER CHASE ROAD lies on this distribution: 44% of detached houses are smaller than 5 LOWER CHASE ROAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Great Malvern.
5 LOWER CHASE ROAD sits on a plot of roughly 0.029 of an acre, or 119m². The below map shows the location of 5 LOWER CHASE 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 5 LOWER CHASE 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.
5 LOWER CHASE ROAD is located in MALVERN, in the WR14 postcode district. The below map shows the position of No. 5 on LOWER CHASE ROAD.