5, RUSSELL DRIVE, MALVERN, WR14 2LE - £247,000

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 RUSSELL DRIVE is a small extended detached house of 88m², built sometime between 1950 and 1966. It was last sold for £247,000 in April 2016, which was around 26% below the average April 2016 detached price in the Malvern Hills local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

5 RUSSELL DRIVE Sold Prices

Land registry data shows two sales for 5 RUSSELL DRIVE 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 RUSSELL DRIVE 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
2016 19 APR	£247,000	£333,355	26% below HPI
2000 8 NOV	£123,000	£146,057	16% below HPI

5 RUSSELL DRIVE 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 RUSSELL DRIVE sales from November 2000 and April 2016 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 2000 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the April 2016 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 5 RUSSELL DRIVE?

5 RUSSELL DRIVE is 88m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 30% 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 RUSSELL DRIVE lies on this distribution: 22% of detached houses are smaller than 5 RUSSELL DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Great Malvern.

5 RUSSELL DRIVE: Plot and Title Map

5 RUSSELL DRIVE sits on a plot of roughly 0.142 of an acre, or 576m². The below map shows the location of 5 RUSSELL DRIVE, 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 RUSSELL DRIVE). 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 RUSSELL DRIVE?

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