5, PARK CLOSE, MALVERN, WR14 2JZ - £210,350

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 PARK CLOSE is a very small detached house of 86m², built sometime between 1976 and 1982. It was last sold for £210,350 in April 2010, which was around 24% below the average April 2010 detached price in the Malvern Hills local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was B.

5 PARK CLOSE Sold Prices

Land registry data shows two sales for 5 PARK CLOSE since 1^st 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 PARK CLOSE 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
2010 12 APR	£210,350	£276,391	24% below HPI
2001 30 NOV	£115,000	£169,447	32% below HPI

5 PARK CLOSE 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 two 5 PARK CLOSE sales from November 2001 and April 2010 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 November 2001 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the April 2010 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 5 PARK CLOSE?

5 PARK CLOSE is 86m² according to the EPC inspection conducted in November 2023. This puts it in the smallest 20% 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 PARK CLOSE lies on this distribution: 20% of detached houses are smaller than 5 PARK CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Great Malvern.

5 PARK CLOSE: Plot and Title Map

5 PARK CLOSE sits on a plot of roughly 0.125 of an acre, or 504m². The below map shows the location of 5 PARK CLOSE, 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 PARK CLOSE). 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 5 PARK CLOSE?

5 PARK CLOSE is located in MALVERN, in the WR14 postcode district. The below map shows the position of No. 5 on PARK CLOSE.