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
5 NICHOLSON MEWS is a small extended detached house of 96m², built sometime before 1900. It was last sold for £203,000 in January 2011, which was around 28% below the average January 2011 detached price in the Malvern Hills local authority area. The most recent EPC inspection was March 2010, where the current energy rating was E, and the potential energy rating was E.
Land registry data shows two sales for 5 NICHOLSON MEWS 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 NICHOLSON MEWS 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 |
---|---|---|---|
2011 31 JAN | £203,000 | £283,480 | 28% below HPI |
2008 20 MAY | £230,000 | £275,510 | 17% 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 NICHOLSON MEWS sales from May 2008 and January 2011 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 May 2008 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2011 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.
5 NICHOLSON MEWS is 96m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the smallest 40% 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 NICHOLSON MEWS lies on this distribution: 32% of detached houses are smaller than 5 NICHOLSON MEWS, and 68% of houses are larger. Note that EPC data is not available for all properties in Great Malvern.
5 NICHOLSON MEWS sits on a plot of roughly 0.025 of an acre, or 102m². The below map shows the location of 5 NICHOLSON MEWS, 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 NICHOLSON MEWS). 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, NICHOLSON MEWS is located on QUEST HILLS ROAD in MALVERN, in the WR14 postcode district. The below map shows the position of 5, NICHOLSON MEWS on QUEST HILLS ROAD.